Northland Power Inc expected to post earnings of 55 cents a share - Earnings Preview

Northland Power (Ontario)

13/05/2024 21:52

* Northland Power Inc  NPI.TO   is expected to show a rise
in
quarterly revenue when it reports  results on May 15 for the
period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
13.3% increase in revenue to C$704.5 million from C$621.72
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Northland Power Inc is
for
earnings of 55 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$29.50​, above​ its last closing price of C$21.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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​
 Mar. 31 2023  0.51        0.50       0.27      Missed  -46.4
 ​​Dec.        0.44        0.44       1.12      Beat    155.6
 31 2022                                                
 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. 31 2022  0.48        0.48       0.99      Beat    105.1
 This summary was machine generated May 13 at 20:52 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)