Northland Power Inc expected to post earnings of 17 cents a share - Earnings Preview

Northland Power (Ontario)

13/08/2024 01:26

* Northland Power Inc  NPI.TO   is expected to show a rise
in
quarterly revenue when it reports  results on August 14 for the
period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
11.3% increase in revenue to C$525.067 million from C$471.55
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Northland Power Inc is
for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"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$30.00​, above​ its last closing price of C$23.40. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.58        0.55       0.29      Missed  -47.7
 Jan. 1 2024   0.42        0.42       -1.13     Missed  -371.2
 Sep. 30 2023  0.13        0.13       0.14      Beat    7.7​
 Jun. 30 2023  0.09        0.11       0.01      Missed  -90.6
 ​​Jan.        0.51        0.50       0.27      Missed  -46.4
 1 0001                                                 
 Dec. 31 2022  0.44        0.44       1.12      Beat    155.6​
 Jan. 1 0001   0.22        0.21       0.33      Beat    55.1
 Jun. 30 2022  0.10        0.11       1.01      Beat    793.8
 This summary was machine generated August 13 at 00:26 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)