Hydro One Ltd expected to post earnings of 59 cents a share - Earnings Preview

Hydro One

06/11/2024 14:09

* Hydro One Ltd  H.TO   is expected to show a rise in
quarterly
revenue when it reports  results on November 7 for the period
ending January 1 0001
    * The Toronto Ontario-based  company is expected to report a
2.6% increase in revenue to C$1.984 billion from C$1.93 billion
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Hydro One Ltd is for
earnings
of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hydro One
Ltd is
C$45.00​, above​ its last closing price of C$44.69. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.49        0.48       0.49      Beat    1.6
 Mar. 31 2024  0.48        0.49       0.49      Met     0.7
 Dec. 31 2023  0.29        0.29       0.30      Beat    2​
 Sep. 30 2023  0.57        0.56       0.59      Beat    5.4
 ​​Jun.        0.42        0.42       0.44      Beat    5.5
 30 2023                                                
 Mar. 31 2023  0.48        0.49       0.47      Missed  -3.3​
 Dec. 31 2022  0.29        0.28       0.30      Beat    8.8
 Jan. 1 0001   0.49        0.49       0.51      Beat    4.6
 This summary was machine generated November 6 at 14:09 GMT.  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)