Boralex Inc expected to post a loss of 11 cents a share - Earnings Preview

Boralex

12/11/2024 13:56

* Boralex Inc  BLX.TO   is expected to show a fall in
quarterly
revenue when it reports  results on November 14 for the period
ending September 30 2024
    * The Kingsey Falls Quebec-based  company is expected to
report a
8.9% decrease in revenue to $155.8 million from $171 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Boralex Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Boralex Inc
is
42.50​, above​ its last closing price of C$32.98. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.09        0.07       0.10      Beat    51.5
 Mar. 31 2024  0.42        0.44       0.53      Beat    21.1
 Dec. 31 2023  0.49        0.48       0.36      Missed  -25​
 Sep. 30 2023  -0.09       -0.08      -0.03     Beat    63.6
 ​​Jun.        0.10        0.12       0.19      Beat    61
 30 2023                                                
 Mar. 31 2023  0.40        0.42       0.41      Missed  -2.8​
 Dec. 31 2022  0.23        0.33       0.14      Missed  -57.3
 Sep. 30 2022  -0.18       -0.16      -0.44     Missed  -176.7
 This summary was machine generated November 12 at 13:55 GMT. 
All figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)