Boralex Inc expected to post earnings of 7 cents a share - Earnings Preview

Boralex

12/08/2024 12:33

* Boralex Inc  BLX.TO   is expected to show a fall in
quarterly
revenue when it reports  results on August 14 for the period
ending January 1 0001
    * The Kingsey Falls Quebec-based  company is expected to
report a
8.8% decrease in revenue to $191.567 million from $210 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
earnings of
7 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
C$41.50​, above​ its last closing price of C$34.46. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.42        0.44       0.53      Beat    21.1
 Jan. 1 0001   0.49        0.48       0.36      Missed  -25
 Jan. 1 0001   -0.09       -0.08      -0.03     Beat    63.6​
 Jun. 30 2023  0.10        0.12       0.19      Beat    61
 ​​Mar.        0.40        0.42       0.14      Missed  -2.8
 31 2023                                                
 Dec. 31 2022  0.23        0.33       0.14      Missed  -57.3​
 Sep. 30 2022  -0.18       -0.16      -0.44     Missed  -176.7
 Jan. 1 0001   0.07        0.07       0.10      Beat    48.5
 This summary was machine generated August 12 at 11:33 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)