Hydro One Ltd A nticipated to Earn Q4 2018 Revenue of $0.27 Per Share (H)

Hydro One Ltd A nticipated to Earn Q4 2018 Revenue of $0.27 Per Share (H)

Hydro One Ltd (TSE:H) – Equities research analysts at National Bank Financial issued their Q4 2018 EPS estimates for shares of Hydro One in a note issued to investors on Wednesday, February 6th. National Bank Financial analyst P. Kenny forecasts that the company will earn $0.27 per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $23.00 price objective on the stock.

Hydro One (TSE:H) last posted its quarterly earnings results on Thursday, November 8th. The company reported C$0.38 EPS for the quarter, topping analysts’ consensus estimates of C$0.33 by C$0.05. The company had revenue of C$1.61 billion during the quarter.

Separately, CIBC reduced their price objective on shares of Hydro One from C$20.50 to C$19.75 in a report on Friday, November 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. Hydro One presently has an average rating of “Hold” and a consensus price target of C$21.50.

TSE:H opened at C$21.07 on Friday. The firm has a market capitalization of $12.57 billion and a price-to-earnings ratio of 16.33. Hydro One has a 12 month low of C$18.57 and a 12 month high of C$21.60. The company has a quick ratio of 0.63, a current ratio of 0.69 and a debt-to-equity ratio of 118.23.

About Hydro One

Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission network and 123,000 circuit kilometers of low-voltage distribution network; and 308 transmission stations.

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