Canadian Utilities Ltd expected to post earnings of 45  cents a share - Earnings Preview

Canadian Utilities

25/07/2023 19:32

* Canadian Utilities Ltd  CU.TO   is expected to show a fall
in
quarterly revenue when it reports  results on July 27. 
    * The Calgary Alberta-based  company is expected to report 
a
16.4% decrease in revenue to C$779.588 million from C$933
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 45 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"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$34.23. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.77        0.76       0.81      Beat    7.1
 Dec. 31 2023  0.73        0.72       0.66      Missed  -8.1
 Sep. 30 2022  0.37        0.36       0.45      Beat    25.6​
 Jun. 30 2022  0.47        0.46       0.51      Beat    11.9
 ​​Mar.        0.76        0.76       0.81      Beat    6.7
 31 2022                                                
 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. 30 2021  0.39        0.39       0.43      Beat    9.2
 This summary was machine generated July 25 at 18:31 GMT.  All
figures in Canadian dollars  unless otherwise stated