Innergex Renewable Energy Inc <INE.TO> expected to post a loss of 8 cents a share - Earnings Preview
Innergex Renewable Energy Inc INE.TO is expected to show a rise in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025
The Longueuil Quebec-based company is expected to report a 15.7% increase in revenue to C$280.733 million from C$242.54 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Innergex Renewable Energy Inc is for a loss of 8 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Innergex Renewable Energy Inc is C$13.75, above its last closing price of C$13.59.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | -0.02 | -0.02 | 0.33 | Beat | 1,514.5 |
Sep. 30 2024 | 0.01 | 0.03 | 0.06 | Beat | 100 |
Jun. 30 2024 | -0.01 | 0.00 | -0.02 | Missed | -500.6 |
Mar. 31 2024 | -0.08 | -0.08 | -0.11 | Missed | -37.5 |
Dec. 31 2023 | -0.04 | -0.04 | -0.04 | Met | -9.1 |
Sep. 30 2023 | 0.10 | 0.10 | 0.03 | Missed | -68.4 |
Jun. 30 2023 | 0.07 | 0.08 | 0.05 | Missed | -33.3 |
Mar. 31 2023 | -0.09 | -0.04 | -0.06 | Missed | -57.9 |
This summary was machine generated May 2 at 12:18 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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