Canadian Utilities (CDUAF) Expected to Release Earnings on Friday

Canadian Utilities (OTCMKTS:CDUAF) is expected to be announcing its results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of $0.3020 per share and revenue of $602.64 million for the quarter.

Canadian Utilities Stock Performance

OTCMKTS:CDUAF opened at $36.93 on Wednesday. The business has a 50 day moving average of $35.92 and a 200 day moving average of $35.90. Canadian Utilities has a 1-year low of $27.79 and a 1-year high of $41.70.

Analyst Upgrades and Downgrades

Several research analysts have commented on CDUAF shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, October 8th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st. Six analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Canadian Utilities Company Profile

Canadian Utilities Limited is a Canadian utility and infrastructure company and a subsidiary of ATCO Ltd. The company develops, owns and operates regulated electricity and natural gas distribution businesses, as well as related energy infrastructure. Its activities support the delivery of essential utility services to residential, commercial and industrial customers.

Canadian Utilities’ operations have historically included electricity generation, transmission and distribution, natural gas distribution, and natural gas transmission and storage.