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Boralex Inc Cl A (TSE:BLX)
TSX:BLX
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.5Last Year’s EPS
0.29Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed a positive strategic and operational trajectory: strong organic capacity growth, a sizable development pipeline, leadership in battery storage, improved liquidity and notable contract and market wins. Near-term financial performance was tempered by weather-driven generation variability and a material pricing headwind in France (short-term contracts), which produced production shortfalls versus forecasts and a modest EBITDA decline. Management expects the pricing unwind to largely conclude in 2026 and highlighted continued disciplined execution and financing progress to support the 2030 plan.Company Guidance
Year-over-Year Production Growth (FY2025)
Total combined production increased 8% versus 2024, reflecting improved wind conditions in North America and commissioning of new projects.
Strong Quarterly Operating Performance (Q4 2025)
Q4 total combined production was up 17% year-over-year. Combined EBITDA for the quarter was $203 million (up $12 million YoY) and consolidated discretionary cash flows were $56 million (up $9 million YoY).
Installed Capacity and Organic Expansion
Installed capacity reached 3.8 GW, an increase of 615 MW versus prior year, driven entirely by organic growth (six projects moved into operation totaling 615 MW).
Large and Growing Development Pipeline
Development portfolio and growth trajectory now exceed 8.2 GW; early/mid/advanced-stage projects represent ~7.2 GW and the growth path includes ~1.1 GW. Secured additions in the period include Fort Covington and Two Rivers Solar (450 MW) and Oxford BESS (125 MW).
Battery Storage Leadership and Deployments
Commissioned Sanjgon BESS (Boralex's first operational storage project in North America) and Hagersville BESS (largest battery storage project in Canada). Together these add ~380 MW, positioning Boralex as the largest battery storage operator in Canada; Oxford BESS targeted for mid‑2027.
Improved Liquidity and Successful Financings
Available liquidity and authorized financing rose to $681 million as of Dec 31, 2025 (up $158 million YoY). Secured $1 billion in project financing and closed $250 million in corporate financing led by La Caisse and Fondaction, strengthening financial flexibility for 2030 objectives.
Strategic, Contract and Market Wins
Notable achievements include ministerial approval for the 189 MW Clashindarroch extension, award of a CfD for the 44 MW Sallachy project, ranking first by cumulative capacity in the recent French wind auction (securing 125 MW), NYSERDA contracts for 450 MW of U.S. solar, and the launch of the 2030 strategic plan. Also ranked first in Corporate Knights' Best 50 Corporate Citizens.
TSE:BLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:BLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2026 | C$27.30 | C$27.76 | +1.67% |
Nov 07, 2025 | C$27.71 | C$28.27 | +2.00% |
Aug 08, 2025 | C$30.05 | C$28.48 | -5.23% |
May 14, 2025 | C$30.82 | C$29.88 | -3.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Boralex Inc Cl A (TSE:BLX) report earnings?
Boralex Inc Cl A (TSE:BLX) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Boralex Inc Cl A (TSE:BLX) earnings time?
Boralex Inc Cl A (TSE:BLX) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:BLX EPS forecast?
TSE:BLX EPS forecast for the fiscal quarter 2026 (Q1) is 0.5.