Canadian Utilities Ltd expected to post earnings of 75  cents a share - Earnings Preview

Canadian Utilities

26/04/2022 24:36

* Canadian Utilities Ltd  CU.TO   is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Calgary Alberta-based  company is expected to report 
a
2.6% increase in revenue to C$930.692 million from C$907 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 75 cents per share. For the same quarter last
year, the company reported earnings of 70 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Canadian
Utilities Ltd is C$38​, below​ its last closing price
of C$39.26. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.67        0.67       0.70      Beat    3.9
 ​​Dec.        0.61        0.61       0.68      Beat    12.3
 31 2020                                                
 Sep. 30 2020  0.28        0.29       0.28      Missed  -2.4​
 Jun. 30 2020  0.36        0.36       0.34      Missed  -5.5
 Mar. 31 2020  0.65        0.66       0.66      Met     -0.3
 This summary was machine generated April 25 at 23:36 GMT.  All
figures in Canadian dollars  unless otherwise stated