Boralex Inc expected to post earnings of 42  cents a share - Earnings Preview

Boralex

08/05/2023 14:42

* Boralex Inc  BLX.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 10. 
    * The Kingsey Falls Quebec-based  company is expected to
report  a
16.3% increase in revenue to C$263.979 million from C$227
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Boralex Inc is for
earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Boralex Inc
is
C$47​, above​ its last closing price of C$39.29. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.23        0.33       0.14      Missed  -57.3
 Sep. 30 2022  -0.18       -0.16      -0.44     Missed  -176.7
 Jun. 30 2022  0.07        0.07       0.10      Beat    48.5​
 Mar. 31 2022  0.37        0.37       0.49      Beat    31.8
 ​​Dec.        0.30        0.31       0.17      Missed  -44.7
 31 2021                                                
 Sep. 30 2021  -0.23       -0.22      -0.20     Beat    10.2​
 Jun. 30 2021  -0.01       -0.02      -0.13     Missed  -555.6
 Mar. 31 2021  0.41        0.41       0.33      Missed  -19.5
 This summary was machine generated May 8 at 13:42 GMT.  All
figures in Canadian dollars  unless otherwise stated