Canadian Utilities Ltd reports results for the quarter ended June 30 - Earnings Summary
Canadian Utilities Ltd reports results for the quarter ended June 30 - Earnings Summary
Canadian Utilities Ltd CU.TO reported quarterly adjusted earnings of 51 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of five analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 44 cents to 48 cents per share.
Revenue was C$915.00 million.
Canadian Utilities Ltd shares had risen by 3.8% this quarter and gained 28.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is "buy."
Wall Street's median 12-month price target for Canadian Utilities Ltd is C$51.00, about 7.7% below its last closing price of C$54.94
This summary was machine generated from LSEG data July 30 at 03:13 a.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.46 | 0.51 | Beat |
Mar. 31 2026 | 0.87 | 0.89 | Beat |
Dec. 31 2025 | 0.72 | -1.20 | Missed |
Sep. 30 2025 | 0.38 | 0.40 | Beat |
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