3 Red Flags From Canadian Solar's Earnings Report
![3 Red Flags From Canadian Solar's Earnings Report 3 Red Flags From Canadian Solar's Earnings Report](https://g.foolcdn.com/editorial/images/463201/gettyimages-453820257.jpg)
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) plunged double digits on Thursday after the company reported third-quarter earnings. The quarter should have been strong, as high demand and rising solar panel prices give the industry tailwinds.
But Canadian Solar reported only $13.3 million of net income on $912.2 million in revenue. There are some major challenges that Canadian Solar and other Chinese solar manufacturers will have to contend with heading into 2018.
Image source: Getty Images.
Source: Fool.com
Canadian Solar Inc. Aktie
Aktuell gibt es mit 9 Buy-Einschätzungen und 5 Sell-Einschätzungen ein positives Sentiment für die Canadian Solar Inc. Aktie.
Die Community prognostiziert für Canadian Solar Inc. ein Kursziel von 28 €, was eine Steigerung von mehr als 100% gegenüber dem aktuellen Kurs von 11.3 € bedeutet.