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

Canadian Utilities

28/07/2022 20:28

* Canadian Utilities Ltd  CU.TO  reported quarterly adjusted
earnings of 51 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 46 cents per share.
    * Revenue rose 18.1% to C$933.00 million from a year ago;
analysts
expected C$745.81 million. 
    * The mean earnings estimate of analysts had risen by
about 5.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Canadian Utilities Ltd shares had risen by 5.0% this
quarter and
gained 9.9% so far this year.
    * Wall Street's median 12-month price target for Canadian
Utilities Ltd is C$39.50 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 07:28 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.46           0.51           Beat
 Mar. 31 2022      0.76           0.81           Beat
 Dec. 31 2021      0.68           0.71           Beat
 Sep. 30 2021      0.31           0.33           Beat