What Can We Expect From Canadian Solar’s ($CSIQ) Q2 2024 Earnings?

Get ready to discover the eagerly anticipated second quarter financial results of Canadian Solar (NASDAQ: CSIQ) on Thursday 22nd August 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

Wall Street financial experts forecast that the concern is set to announce an expected $0.13 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $1.59 billion for this particular period.

In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $2.39. Notably, the company's total revenue reached an impressive $2.36 billion during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $7.56 billion. At the same time, they are expecting the company to achieve per share profit of $2.69 for the fiscal year ahead.

Throughout Wednesday's trading, Canadian Solar (CSIQ) shares fluctuated between $14.52 and $14.82, with a trading volume of 1.14 million shares. The stock ended the regular trading session at $14.56, indicating an upturn of 0.48 percent.

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