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Investing.com - Canadian Solar Inc reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Canadian Solar Inc announced earnings per share of $1.12 on revenue of $1.93B. Analysts polled by Investing.com EPS of $0.49 on revenue of $2.07B.
Canadian Solar Inc 's are up 17% and is trading at $36.61 , still down 23.23% from its 52 week high of $47.69 set on Thursday, August 18, 2022.
Canadian Solar Inc follows other major Information Technology sector earnings this month
Canadian Solar Inc's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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