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Canadian Utilities Reports Earnings Growth and Energy Initiatives

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Canadian Utilities Reports Earnings Growth and Energy Initiatives

Canadian Utilities A (TSE:CU) has released an update.

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Canadian Utilities announced a notable increase in its third-quarter 2024 adjusted earnings, reaching $102 million, up from $87 million in the same period last year. The company is making strides in energy initiatives, with ATCO Energy Systems advancing the Yellowhead Mainline gas project and ATCO EnPower furthering hydrogen developments in Alberta.

For further insights into TSE:CU stock, check out TipRanks’ Stock Analysis page.

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