Canadian Utilities (CDUAF) Expected to Release Quarterly Earnings on Wednesday

Canadian Utilities (OTCMKTS:CDUAF) is anticipated to post its resultson Wednesday, July 29th. Analysts expect Canadian Utilities to post earnings of $0.3326 per share and revenue of $622.8590 million for the quarter.

Canadian Utilities Stock Performance

Shares of CDUAF stock opened at $38.19 on Wednesday. Canadian Utilities has a twelve month low of $26.43 and a twelve month high of $41.70. The stock has a fifty day simple moving average of $36.72 and a two-hundred day simple moving average of $35.04.

Wall Street Analysts Forecast Growth

CDUAF has been the subject of several recent research reports. TD Securities restated a “hold” rating on shares of Canadian Utilities in a report on Friday, May 8th. BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. Scotiabank reissued a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Canadian Utilities in a report on Friday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. Six research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Canadian Utilities currently has a consensus rating of “Hold”.

Canadian Utilities Company Profile

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.