Benzinga | Aug 7, 2020 06:13AM EDT

Canadian Solar Q2 EPS $0.34 Down From $1.04 YoY, Sales $696.00M Beat $662.95M Estimate

Canadian Solar (NASDAQ:CSIQ) reported quarterly earnings of $0.34 per share. This is a 67.31 percent decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $696.00 million which beat the analyst consensus estimate of $662.95 million by 4.99 percent. This is a 32.82 percent decrease over sales of $1.04 billion the same period last year.