Earnings Alerts

AltaGas Ltd (ALA) Earnings: 2Q Normalized EBITDA Matches Estimates with Strong Revenue Growth

  • AltaGas reported normalized EBITDA of C$342 million for Q2 2025, marking a 16% year-over-year increase, meeting market estimates.
  • Normalized earnings per share (EPS) rose to C$0.27, compared to C$0.14 in the same period last year.
  • Revenue climbed to C$2.84 billion, a 2.5% increase from the previous year, outperforming the estimate of C$2.54 billion.
  • Normalized net income surged 98% year-over-year to C$81 million, surpassing the expected C$71.6 million.
  • Cash flow from operations was C$365 million, representing a 19% decrease year-over-year, though it exceeded the forecast of C$287.1 million.
  • The company reaffirmed its full-year 2025 guidance, projecting normalized EBITDA between $1,775 million and $1,875 million.
  • AltaGas maintains its normalized EPS guidance for 2025 at $2.10 to $2.30, compared to the normalized EPS of $2.18 and GAAP EPS of $1.95 recorded in 2024.
  • The current market consensus on AltaGas includes 8 buy ratings, 2 hold ratings, and 1 sell rating.

A look at AltaGas Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

AltaGas Ltd. seems to be positioned well for the long term based on the Smartkarma Smart Scores. With strong scores in Value and Growth factors, the company appears to offer good value to investors while showing potential for growth in the future. Additionally, AltaGas scores decently in Resilience, indicating its ability to withstand challenges and maintain stability. Although the Dividend and Momentum scores are not as high, the overall outlook for AltaGas seems positive, especially considering its diverse operations in natural gas production, electricity generation, and energy consulting services.

AltaGas Ltd. stands out with solid ratings in Value, Growth, and Resilience, according to the Smartkarma Smart Scores. The company’s focus on producing, transmitting, distributing, and storing natural gas, alongside its electricity generation services and energy consulting offerings, sets a strong foundation for its long-term performance. While the Dividend and Momentum scores are moderate, AltaGas’ strengths in other areas suggest a promising outlook. Investors may find the company’s diverse energy portfolio and consulting services appealing for potential long-term gains.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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