Canadian Utilities Ltd expected to post earnings of 76  cents a share - Earnings Preview

Canadian Utilities

25/04/2023 23:43

* Canadian Utilities Ltd  CU.TO   is expected to show a fall
in
quarterly revenue when it reports  results on April 27. 
    * The Calgary Alberta-based  company is expected to report 
a
4.9% decrease in revenue to C$1.055 billion from C$1.11 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 76 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Canadian
Utilities Ltd is C$39​, below​ its last closing price
of C$39.67. ​​​

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 2022  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. 31 2022  0.76        0.76       0.81      Beat    6.7
 ​​Dec.        0.68        0.68       0.71      Beat    4.4
 31 2021                                                
 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
 This summary was machine generated April 25 at 22:43 GMT.  All
figures in Canadian dollars  unless otherwise stated