Boralex Inc. (TSE:BLX) – Analysts at National Bank Financial cut their Q4 2018 earnings estimates for Boralex in a research report issued on Tuesday, January 15th. National Bank Financial analyst R. Merer now expects that the company will post earnings per share of $0.17 for the quarter, down from their prior forecast of $0.24.
Boralex (TSE:BLX) last posted its quarterly earnings results on Friday, November 9th. The company reported C($0.43) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.38) by C($0.05). The business had revenue of C$79.00 million for the quarter, compared to analysts’ expectations of C$88.00 million.
Shares of TSE:BLX opened at C$17.63 on Thursday. Boralex has a 52 week low of C$15.96 and a 52 week high of C$25.03. The company has a current ratio of 0.67, a quick ratio of 0.47 and a debt-to-equity ratio of 356.49.
In other news, Director Sylvain Aird sold 2,257 shares of the company’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of C$16.25, for a total value of C$36,676.25.
Boralex Company Profile
Boralex Inc, together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2017, the company had interests in 55 wind power stations with an installed capacity of 1,237 megawatts (MW); 15 hydroelectric power stations with a capacity of 172 MW; 2 thermal power stations with an installed capacity of 47 MW; and 3 solar power facilities with an installed capacity of 16 MW.
Further Reading: Dividend Aristocrat Index
Receive News & Ratings for Boralex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boralex and related companies with MarketBeat.com's FREE daily email newsletter.