Hydro One Limited reports results for the quarter ended June 30 - Earnings Summary
Hydro One Limited reports results for the quarter ended June 30 - Earnings Summary
Hydro One Limited H.TO reported quarterly adjusted earnings of 62 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of ten analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 55 cents to 59 cents per share.
Revenue rose 11.4% to C$2.30 billion from a year ago; analysts expected C$2.39 billion.
Hydro One Limited's reported EPS for the quarter was 62 cents.
The company reported quarterly net income of C$370 million.
Hydro One Limited shares had fallen by 4.3% this quarter and gained 2.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.3% 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 2 "strong buy" or "buy," 9 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."
Wall Street's median 12-month price target for Hydro One Limited is C$58.00, about 3.4% above its last closing price of C$56.00
This summary was machine generated from LSEG data August 12 at 01:31 p.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 | 0.57 | 0.62 | Beat |
Mar. 31 2026 | 0.62 | 0.65 | Beat |
Dec. 31 2025 | 0.37 | 0.39 | Beat |
Sep. 30 2025 | 0.65 | 0.70 | Beat |
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