Canadian Solar Latest To Plan Yieldco, Boosting Stock

By | March 5, 2015

Scalper1 News

Canadian Solar (CSIQ) early Thursday became the latest solar energy company to announce plans to form an asset-holding yield company, sending shares rising despite a Q4 earnings miss. The Ontario-based company says that increased solar-module shipments led to an 84% year-over-year jump in revenue, to $956 million. Earnings per share excluding items jumped 228% to $1.28. Analysts polled by Thomson Reuters had estimated EPS ex items of $1.34 on $954 Scalper1 News

Scalper1 News