Canadian Utilities Ltd expected to post earnings of 69 cents a share - Earnings Preview

Canadian Utilities

27/02/2024 14:54

* Canadian Utilities Ltd  CU.TO   is expected to report
results on
February 29 (estimated) for the period ending December 31 2023
    * 
    * ​LSEG's mean analyst estimate for Canadian Utilities Ltd
is for
earnings of 69 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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$35.00​, above​ its last closing price
of C$30.47. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.32        0.31       0.32      Beat    2.1
 Jun. 30 2023  0.44        0.45       0.45      Met     0.5
 Mar. 31 2023  0.77        0.76       0.81      Beat    7.1​
 Dec. 31 2022  0.73        0.72       0.66      Missed  -8.1
 ​​Sep.        0.37        0.36       0.45      Beat    25.6
 30 2022                                                
 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
 This summary was machine generated February 27 at 14:54 GMT. 
All figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)