Hydro One Limited reports results for the quarter ended September 30 - Earnings Summary
Hydro One Limited reports results for the quarter ended September 30 - Earnings Summary
Hydro One Limited H.TO reported quarterly adjusted earnings of 68 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of eleven analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 66 cents to 72 cents per share.
Revenue rose 8.4% to C$2.49 billion from a year ago; analysts expected C$1.28 billion.
Hydro One Limited's reported EPS for the quarter was 68 cents.
The company reported quarterly net income of C$413 million.
Hydro One Limited shares had risen by 12.6% this quarter and gained 4.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "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$57.50, about 0.7% above its last closing price of C$57.09
This summary was machine generated from LSEG data November 10 at 02:31 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 |
Sep. 30 2026 | 0.70 | 0.68 | 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 |
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