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

Boralex

09/11/2022 14:36

* Boralex Inc  BLX.TO  reported a quarterly adjusted loss
of 44
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 19.8% to C$101.00 million from a year ago;
analysts
expected C$148.93 million. 
    * Boralex Inc's reported EPS for the quarter was a loss
of 44
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Boralex Inc shares had fallen by 12.1% this quarter and
gained 11.2% so far this year.
    * The company reported a quarterly loss of C$44 million.
    * Wall Street's median 12-month price target for Boralex Inc
is
C$48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 02:35 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.31           0.17           Missed