Earnings Alerts

Boralex Inc (BLX) Earnings: 2Q Revenue and Profit Miss Estimates

  • Boralex’s revenue from energy sales and feed-in premiums was C$185 million, falling short of the estimated C$190.7 million.
  • The company reported a consolidated loss per share of C$0.10, while analysts expected an earnings per share of C$0.08.
  • Consolidated EBITDA was C$113 million, below the estimated C$140.4 million.
  • The consolidated operating income came in at C$34 million, missing the estimate of C$42.9 million.
  • Analysts’ recommendations consist of 8 buys, 3 holds, and no sells.

A look at Boralex Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Boralex Inc, an electricity producer specializing in renewable energy, shows a promising long-term outlook based on the Smartkarma Smart Scores analysis. With solid scores in Value, Dividend, Resilience, and Momentum, the company is positioned well for sustained growth and stability in the industry. While Growth received a slightly lower score, Boralex Inc‘s focus on renewable energy power stations in various regions sets a strong foundation for future expansion and profitability.

Operating in the renewable energy sector with assets in wind, hydroelectric, thermal, and solar power generation, Boralex Inc has established a robust presence in Canada, the Northeastern United States, and France. The company’s overall outlook, as indicated by the Smart Scores, suggests a balanced approach towards sustainable value creation, dividend distribution, operational resilience, and positive momentum within the industry. This aligns well with its core business of developing and running renewable energy power plants, positioning Boralex Inc for continued success in the long run.


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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