CSIQ - Canadian Solar Stock Moves -1.4%: What You Should Know | Benzinga
Canadian Solar (NASDAQ: CSIQ) ended the recent trading session at $16.21, demonstrating a -1.4% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.57%. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.04%.
The the stock of solar wafers manufacturer has fallen by 16.59% in the past month, lagging the Oils-Energy sector's gain of 2.99% and the S&P 500's loss of 2.5%.
The upcoming earnings release of Canadian Solar will be of great interest to investors. The company's earnings report is expected on May 9, 2024. It is anticipated that the company will report an EPS of -$0.26, marking a 121.85% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.28 billion, indicating a 25.03% decline compared to the corresponding ...