Canadian Solar Earnings (CSIQ)

The first quarter report from Canadian Solar Inc. (NASDAQ:CSIQ) was a little better than expected on the earnings front but weak on the top-line, posting a net EPS loss of -$0.13 on revenue of $49.5 million. Analysts had forecast a net EPS loss of -$0.26 on revenue of $54.08 million.

The good news was the promise of a future short-term recovery, with sales recovering from it's low recession numbers, in the last months.

Canadian Solar (CSIQ) is up 23% for today, chart looks like this:
(doubled the price just in the last month)



Other Solar Stocks like SOLF, YGE, TSL and SOL are all above 10%

Labels: Canadian Solar Inc., CSIQ, ReneSola, Solarfun, SOLF, Trina Solar, YGE, Yingli Green Energy Hold

posted by Ertai at 3:49 PM