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

Canadian Utilities

28/10/2021 13:54

* Canadian Utilities Ltd  CU.TO  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 31 cents per share.
* Revenue rose 8.7% to C$790.00 million from a year ago; 
analysts expected C$688.62 million. 
* Canadian Utilities Ltd's reported EPS for the quarter was 20
cents​.
* The mean earnings estimate of analysts had risen by about 6%
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 1.4% this
quarter and gained 11.3% so far this year.
* The company reported quarterly net income of C$101 million.
* 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 "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 28 at 12:54 p.m.
 ​All figures in Canadian dollars unless otherwise stated