Canadian Utilities Ltd expected to post earnings of 36cents a share - Earnings Preview

Canadian Utilities

25/10/2022 19:35

* Canadian Utilities Ltd  CU.TO   is expected to show a fall
in
quarterly revenue when it reports  results on October 27. 
    * The Calgary Alberta-based  company is expected to report 
a
9.4% decrease in revenue to C$715.523 million from C$790 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Canadian Utilities
Ltd is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and 1 "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 Canadian
Utilities Ltd is C$39​, above​ its last closing price
of C$35.04. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.47        0.46       0.51      Beat    11.9
 Mar. 31 2022  0.76        0.76       0.81      Beat    6.7
 Dec. 31 2021  0.68        0.68       0.71      Beat    4.4​
 Sep. 30 2021  0.32        0.31       0.33      Beat    5.2
 ​​Jun.        0.39        0.39       0.43      Beat    9.2
 30 2021                                                
 Mar. 31 2021  0.67        0.67       0.70      Beat    3.9​
 Dec. 31 2020  0.61        0.61       0.68      Beat    12.3
 Sep. 30 2020  0.28        0.29       0.28      Missed  -2.4
 This summary was machine generated October 25 at 18:35 GMT.  All
figures in Canadian dollars  unless otherwise stated