Canadian Utilities (CDUAF) to Release Quarterly Earnings on Wednesday

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

Canadian Utilities Price Performance

OTCMKTS CDUAF opened at $38.19 on Wednesday. The firm’s fifty day simple moving average is $36.72 and its two-hundred day simple moving average is $35.04. Canadian Utilities has a 12-month low of $26.43 and a 12-month high of $41.70.

Wall Street Analysts Forecast Growth

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