Northland Power Inc expected to post earnings of 11  cents a share - Earnings Preview

Northland Power (Ontario)

09/08/2023 03:03

* Northland Power Inc  NPI.TO   is expected to show a fall
in
quarterly revenue when it reports  results on August 10. 
    * The Toronto Ontario-based  company is expected to report 
a
18.6% decrease in revenue to C$453.019 million from C$556.79
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Northland Power Inc
is
for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," no
"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 Northland
Power
Inc is C$37.5​, above​ its last closing price of C$24.18. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.51        0.50       0.27      Missed  -46.4
 Dec. 31 2023  0.44        0.44       1.12      Beat    155.6
 Sep. 30 2022  0.22        0.21       0.33      Beat    55.1​
 Jun. 30 2022  0.10        0.11       1.01      Beat    793.8
 ​​Mar.        0.48        0.48       0.99      Beat    105.1
 31 2022                                                
 Dec. 31 2021  0.34        0.38       0.45      Beat    17.1​
 Sep. 30 2021  0.11        0.13       -0.05     Missed  -139.1
 Jun. 30 2021  0.14        0.14       -0.08     Missed  -155.7
 This summary was machine generated August 9 at 02:03 GMT.  All
figures in Canadian dollars  unless otherwise stated