Benzinga | May 20, 2021 06:06AM EDT

Canadian Solar Q1 EPS $0.36 Misses $0.41 Estimate, Sales $1.10B Beat $1.05B Estimate

Canadian Solar (NASDAQ:CSIQ) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.41 by 12.2 percent. This is a 80.43 percent decrease over earnings of $1.84 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.05 billion by 4.76 percent. This is a 33.23 percent increase over sales of $825.63 million the same period last year.