Boralex Inc (TSX:BLX, Financial) is set to release its Q3 2024 earnings on Nov 14, 2024. The consensus estimate for Q3 2024 revenue is $155.80 million, and the earnings are expected to come in at -$0.09 per share. The full year 2024's revenue is expected to be $897.08 million and the earnings are expected to be $1.06 per share. More detailed estimate data can be found on the Forecast page.
Boralex Inc (TSX:BLX, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Boralex Inc (TSX:BLX) for the full year 2024 have declined from $898.72 million to $897.08 million, and for 2025, from $1.03 billion to $976.18 million. During the same period, earnings estimates have increased from $1.05 per share to $1.06 per share for 2024, and from $1.08 per share to $1.10 per share for 2025.
Boralex Inc (TSX:BLX, Financial) Reported History
In the previous quarter of 2024-06-30, Boralex Inc's (TSX:BLX) actual revenue was $180 million, which missed analysts' revenue expectations of $191.567 million by -6.04%. Boralex Inc's (TSX:BLX) actual earnings were $0.10 per share, which beat analysts' earnings expectations of $0.072 per share by 38.89%. After releasing the results, Boralex Inc (TSX:BLX) was up by 0.32% in one day.
Boralex Inc (TSX:BLX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 10 analysts, the average target price for Boralex Inc (TSX:BLX) is $42.20 with a high estimate of $47 and a low estimate of $32. The average target implies an upside of 29.81% from the current price of $32.51.
Based on GuruFocus estimates, the estimated GF Value for Boralex Inc (TSX:BLX, Financial) in one year is $45.77, suggesting an upside of 40.79% from the current price of $32.51.
Based on the consensus recommendation from 10 brokerage firms, Boralex Inc's (TSX:BLX, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
