Canadian Solar (CSIQ) Q4 Earnings Beat, Revenues Fall Y/Y

Canadian Solar Inc. (CSIQ) reported fourth-quarter 2023 loss of 2 cents per share, which came in much narrower than the Zacks Consensus Estimate of a loss of 13 cents. The bottom line also deteriorated from the year-ago quarter’s reported profit of $1.11.For 2023, the company reported earnings of$3.87 per share, up from $3.44 recorded in 2022. The full-year earnings also surpassed the Zacks Consensus Estimate of$3.68 by 5.2%.Total RevenuesThis solar cell manufacturer’s total fourth-quarter 2023 revenues o ...