Boralex Inc expected to post earnings of 41 cents a share - Earnings Preview

Boralex

26/02/2025 12:02

Boralex Inc BLX.TO  is expected to show a fall in quarterly revenue when it reports  results on February 28 for the period ending December 31 2024

The Kingsey Falls Quebec-based  company is expected to report a 16.4% decrease in revenue to C$263.25 million from C$315 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Boralex Inc is for earnings of 41 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Boralex Inc is C$41.00‚Äč, above‚Äč its last closing price of C$29.24. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.13
-0.11
-0.13
Missed
-20.4
Jun. 30 2024
0.09
0.07
0.10
Beat
51.5
Mar. 31 2024
0.42
0.44
0.53
Beat
21.1‚Äč
Dec. 31 2023
0.49
0.48
0.36
Missed
-25
‚Äč‚ÄčSep. 30 2023
-0.09
-0.08
-0.03
Beat
63.6
Jun. 30 2023
0.10
0.12
0.19
Beat
61‚Äč
Mar. 31 2023
0.40
0.42
0.41
Missed
-2.8
Dec. 31 2022
0.23
0.33
0.14
Missed
-57.3

This summary was machine generated February 26 at 12:02 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)