- Boralex reported consolidated revenue from energy sales and feed-in premium at C$228 million, missing the estimate of C$249.3 million.
- The company posted a consolidated loss per share of C$0.15, against an estimated earnings per share (EPS) of C$0.40.
- Consolidated EBITDA was C$169 million, which was below the anticipated C$181.2 million.
- Consolidated operating income reached C$78 million, falling short of the C$99.5 million estimate.
- Financial performance declined in fiscal 2024 due to unfavorable wind conditions in France and Canada, alongside an asset impairment.
- Despite market volatility and pressure on renewable energy stock prices, especially post-American elections, there is confidence in the continued development of renewable energy across various regions.
- The company received 9 buy ratings, 2 hold ratings, and no sell ratings from analysts.
A look at Boralex Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Based on Smartkarma Smart Scores, Boralex Inc. displays a promising long-term outlook. With a solid Growth score of 4, the company is positioned for expansion and potential profitability in the future. Furthermore, its Value and Dividend scores of 3 indicate a balanced approach to financial health and shareholder returns. Although its Resilience score is at 2, suggesting some vulnerability, Boralex Inc.’s Momentum score of 3 reflects a certain level of market activity and interest in the company.
Boralex Inc. is an electricity producer with a strategic focus on renewable energy power stations, operating primarily in Canada, the Northeastern United States, and France. With assets in various power generation types such as wind, hydroelectric, thermal, and solar, the company positions itself as a key player in the renewable energy sector, demonstrating a commitment to sustainability and innovation.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
