Earnings Preview: Canaan

Canaan CAN is set to give its latest quarterly earnings report on Tuesday, 2025-05-20. Here’s what investors need to know before the announcement.

Analysts estimate that Canaan will report an earnings per share (EPS) of $-0.15.

Anticipation surrounds Canaan’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

In the previous earnings release, the company missed EPS by $0.19, leading to a 2.48% drop in the share price the following trading session.

Here’s a look at Canaan’s past performance and the resulting price change:

Stock Performance

Shares of Canaan were trading at $0.7933 as of May 16. Over the last 52-week period, shares are down 27.02%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Canaan visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.