Canadian Utilities Ltd reports results for the quarter ended in December - Earnings Summary

Canadian Utilities

24/02/2022 11:19

* Canadian Utilities Ltd  CU.TO  reported quarterly adjusted
earnings of 71 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 68 cents per share.
    * Revenue rose 16.7% to C$1.03 billion from a year ago; 
analysts
expected C$957.33 million. 
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Canadian Utilities Ltd shares had fallen by 4.4% this
quarter.
    * Wall Street's median 12-month price target for Canadian
Utilities Ltd is C$38.00 
    * 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." 

This summary was machine generated February 24 at 11:19 a.m.
 ​All figures in Canadian dollars unless otherwise stated