Canadian Utilities Ltd expected to post earnings of 68  cents a share - Earnings Preview

Canadian Utilities

22/02/2022 03:06

* Canadian Utilities Ltd  CU.TO   is expected to show a rise
in
quarterly revenue when it reports  results on February 23. 
    * The Calgary Alberta-based  company is expected to report 
a
8.7% increase in revenue to C$957.328 million from C$881 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 68 cents per share. For the same quarter last
year, the company reported earnings of 68 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 Canadian
Utilities Ltd is C$38​, about 7.9% above​ its last closing price
of C$34.98. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.32        0.31       0.33      Beat    5.2
 Jun. 30 2021  0.39        0.39       0.43      Beat    9.2
 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.        0.28        0.29       0.28      Missed  -2.4
 30 2020                                                
 Jun. 30 2020  0.36        0.36       0.34      Missed  -5.5​
 Mar. 31 2020  0.65        0.66       0.66      Met     -0.3
 Dec. 31 2019  0.61        0.62       0.65      Beat    5
 This summary was machine generated February 22 at 03:06 GMT. 
All figures in Canadian dollars  unless otherwise stated