Boralex Inc reports results for the quarter ended in December - Earnings Summary

Boralex

24/02/2023 19:05

* Boralex Inc  BLX.TO  reported quarterly adjusted earnings
of 14
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 33 cents per share.
    * Revenue rose 61.8% to C$322.00 million from a year ago;
analysts
expected C$226.00 million. 
    * Boralex Inc's reported EPS for the quarter was 14 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Boralex Inc shares had fallen by 10.5% this quarter.
    * The company reported quarterly net income of C$14 million.
    * Wall Street's median 12-month price target for Boralex Inc
is
C$47.00 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 07:05 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.33           0.14           Missed
 Sep. 30 2022      -0.16          -0.44          Missed
 Jun. 30 2022      0.07           0.10           Beat
 Mar. 31 2022      0.37           0.49           Beat