Canadian Solar (CSIQ) Reports Q1 Loss, Tops Revenue Estimates

Canadian Solar (CSIQ) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of$ 1.50. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.67%. A quarter ago, it was expected that this solar wafers manufacturer would post a loss of$ 0.21 per share when it actually produced a loss of $1.47, delivering a surprise of -600%.Over the last four quarters, the ...