Equities Analysts Issue Forecasts for TSE:CU FY2025 Earnings

Canadian Utilities Limited (TSE:CU) – Investment analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of Canadian Utilities in a report issued on Wednesday, January 8th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $2.43 for the year, up from their previous forecast of $2.41. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share.

Separately, Royal Bank of Canada lifted their price target on shares of Canadian Utilities from C$38.00 to C$39.00 in a research report on Friday, November 15th.

Canadian Utilities Stock Down 0.6 %

Shares of Canadian Utilities stock opened at C$34.09 on Monday. The company has a quick ratio of 1.30, a current ratio of 1.29 and a debt-to-equity ratio of 149.94. The firm has a market cap of C$6.99 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66. Canadian Utilities has a twelve month low of C$29.15 and a twelve month high of C$37.10. The business has a 50-day simple moving average of C$35.19.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.