Canadian Utilities has matched or beaten EPS estimates in each of its last four comparable quarters. Its next report will test that record, with analysts expecting modest year-over-year earnings growth.
Canadian Utilities Limited (TSX: CU) is scheduled to report results before markets open on November 6, 2026, for the quarter ended September 30. One earnings calendar puts consensus EPS at C$0.42, based on three analysts. Another lists C$0.43, showing that estimates can differ by source. EPS was C$0.40 in the same quarter last year. Current estimates point to 4.2% EPS growth and 8.7% revenue growth, to about C$861 million. Follow CU.TO on our Canadian Utilities stock page.
Recent earnings trend
Canadian Utilities Limited
CU.TO
CU.TO
Canadian Utilities Limited
WealthAwesomeMarket cap
$14.51B
P/E
332.9x
Div. yield
3.52%
Div. / share
$1.84
52W high
$55.92
52W low
$38.49
1W change
+5.26%
Beta
0.54
Analyst Price Targets
Based on analyst covering CU · as of Oct 9, 2026
Wall Street analysts forecast CU stock price to rise 7.0% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$57.00
+7.0% Upside
Previously C$55.50 on Oct 8, 2026
Current Price
C$53.27
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CU's historical volatility
30-Day Vol
19.3%
Annualized
90-Day Vol
19.7%
Annualized
Trend (90d)
+8.3%
Annualized drift
90d Mean
C$54.39
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$53.33 | C$49.89 – C$57.01 |
| 60 trading days | C$53.86 | C$49.01 – C$59.18 |
| 90 trading days | C$54.39 | C$48.45 – C$61.05 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | — | 0.4300 | — |
| 2026-06-30 | 2026-07-29 | 0.5100 | 0.4800 | +6.3% |
| 2026-03-31 | 2026-05-05 | 0.8900 | 0.8698 | +2.3% |
| 2025-12-31 | 2026-02-26 | 0.7200 | 0.7200 | +0.0% |
| 2025-09-30 | 2025-11-07 | 0.4000 | 0.3900 | +2.6% |
| 2025-06-30 | 2025-07-31 | 0.4500 | 0.4400 | +2.3% |
Investor takeaway: Analysts expect steady growth, not a high earnings hurdle. The trend estimate is C$0.42 per share, up from C$0.40 a year ago, and revenue consensus is C$861.14 million. Canadian Utilities beat estimates in three of its last four reported quarters and matched them in the other. The November 6 report will show whether that consistency continues and whether revenue growth supports higher earnings. Only a few analysts contribute to these estimates, so treat them as a guide, not a precise forecast.
C$0.42 EPS consensus
The trend estimate for the quarter ended September 30 is C$0.42 per share, compared with C$0.40 a year ago. Another calendar lists C$0.43. The trend estimate range is C$0.38 to C$0.44. Canadian Utilities beat estimates in three of its last four reported quarters and matched them in the other. The earnings trend table and chart show the quarter-by-quarter results.
Bull case
Canadian Utilities’ recent results leave room for another earnings beat: it topped estimates in three of its last four comparable quarters. In the latest reported quarter, ended June 30, EPS came in at C$0.51, above the C$0.48 estimate. That was a 6.25% surprise.
The upcoming EPS estimate has risen from C$0.41 to C$0.42 over the past 30 days, though revisions were mixed, with one increase and one decrease. Revenue consensus points to 8.7% year-over-year growth. If the company delivers that growth while keeping earnings on track, it would support the view that CU.TO is a steady utility business.
Bear case
Past estimate beats don’t guarantee another one. The upcoming EPS range is C$0.38 to C$0.44, so results could fall below the C$0.42 trend estimate. Revenue consensus is based on one analyst and EPS consensus on three, so expectations may change as more estimates come in.
Valuation also deserves a closer look. The supplied fundamentals snapshot shows a P/E of about 333, trailing EPS of C$0.16, and a 3.30% profit margin. These figures need context when assessing a utility, but they’re a reminder to look beyond a headline earnings surprise and read the full report.
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