In the newest buying and selling session, Canadian Photo voltaic (CSIQ) closed at $18.23, marking a
In the newest buying and selling session, Canadian Photo voltaic (CSIQ) closed at $18.23, marking a +1.17% transfer from yesterday. This transfer outpaced the S&P 500’s day by day achieve of 0.64%. On the identical time, the Dow added 0.57%, and the tech-heavy Nasdaq gained 0.6%.
Coming into right this moment, shares of the photo voltaic wafers producer had misplaced 15% up to now month. In that very same time, the Oils-Vitality sector misplaced 3.19%, whereas the S&P 500 misplaced 1.87%.
Buyers can be hoping for power from CSIQ because it approaches its subsequent earnings launch. The corporate is predicted to report EPS of $0.88, down 8.33% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $797.86 million, up 3.89% from the year-ago interval.
CSIQ’s full-year Zacks Consensus Estimates are calling for earnings of $3.25 per share and income of $3.64 billion. These outcomes would signify year-over-year adjustments of -0.91% and -2.9%, respectively.
Any current adjustments to analyst estimates for CSIQ…