Canadian Solar Swings To Profit, EPS Beat Consensus

By | August 13, 2014

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Canadian Solar (CSIQ) shipped far more solar modules in Q2 than in the year-earlier quarter, helping the China-based company’s earnings easily beat company and Wall Street expectations when it reported the results Wednesday morning. The company’s Q3 revenue guidance also surpassed expectations. Canadian Solar stock was up 17.5%, near 29, in midday trading in the stock market today. Other solar stocks also rose on the beat. Canadian Solar posted Scalper1 News

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