Canadian Utilities (CDUAF) to Release Quarterly Earnings on Wednesday

Canadian Utilities (OTCMKTS:CDUAF) will likely be issuing its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.3350 per share and revenue of $622.8590 million for the quarter.

Canadian Utilities Price Performance

CDUAF stock opened at $39.62 on Monday. Canadian Utilities has a 12 month low of $26.43 and a 12 month high of $41.70. The firm’s 50-day moving average is $36.96 and its 200 day moving average is $35.22.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CDUAF shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Tuesday, July 21st. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a report on Friday, July 17th. Finally, TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th. Six analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Canadian Utilities has an average rating of “Hold”.

About Canadian Utilities

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.