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

Canadian Utilities

27/04/2023 22:03

* Canadian Utilities Ltd  CU.TO  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 76 cents per share.
    * Revenue rose 1.9% to C$1.13 billion from a year ago;
analysts
expected C$1.06 billion. 
    * Canadian Utilities Ltd's reported EPS for the quarter was
C$1.01​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Canadian Utilities Ltd shares had risen by 4.6% this
quarter and
gained 7.5% so far this year.
    * Wall Street's median 12-month price target for Canadian
Utilities Ltd is C$39.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.76           0.81           Beat
 Dec. 31 2022      0.72           0.66           Missed
 Sep. 30 2022      0.36           0.45           Beat
 Jun. 30 2022      0.46           0.51           Beat