Canadian Utilities Ltd expected to post earnings of 72  cents a share - Earnings Preview

Canadian Utilities

28/02/2023 19:10

* Canadian Utilities Ltd  CU.TO   is expected to show a rise
in
quarterly revenue when it reports  results on March 2. 
    * The Calgary Alberta-based  company is expected to report 
a
14.6% increase in revenue to C$1.179 billion from C$1.03 billion
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 72 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$36.21. ​​​

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 2022  0.37        0.36       0.45      Beat    25.6
 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.        0.32        0.31       0.33      Beat    5.2
 30 2021                                                
 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
 This summary was machine generated February 28 at 19:10 GMT. 
All figures in Canadian dollars  unless otherwise stated