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Boralex Inc Cl A (TSE:BLX)
TSX:BLX
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.1Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 0.57%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced sentiment with notable achievements in commissioning new projects and extending financial flexibility, but facing challenges with decreased production and financial metrics due to unfavorable conditions in Europe, and cost overruns in key projects.Company Guidance
During the Boralex First Quarter 2025 Financial Results Conference Call, robust guidance was provided, featuring several key metrics. Total combined production was down 1% compared to the same quarter in 2024, resulting from unfavorable wind conditions in France, although Canadian wind assets performed strongly. The company reported a combined EBITDA of $199 million, which marked a $19 million decline from Q1 2024. Consolidated AFFO was $74 million, experiencing a slight decrease of $4 million year-on-year. Boralex highlighted progress in its growth strategy, noting the commissioning of the Limekiln wind farm in Scotland and maintaining a pipeline of nearly 7.1 gigawatts of wind, solar, and storage projects. The company emphasized the continued high demand for renewable energy across key markets, driven by supportive government incentives and economic growth. Upcoming strategic initiatives include presenting the 2025-2030 strategic plan at the Investor Day in May.Commissioning of Limekiln Wind Farm
Successfully commissioned the Limekiln wind farm in Scotland, marking Boralex's first operating asset in the United Kingdom, contributing to over 3.2 gigawatts of assets in operation.
Growth in North America Wind Production
North America wind assets production increased by 15% compared to the same quarter last year, exceeding anticipated production by 6%.
Strong Pipeline and Strategic Positioning
Boralex has nearly 7.1 gigawatts of wind, solar, and storage projects in the pipeline, with 660 megawatts in construction and ready to build phase, indicating robust future growth potential.
Extended Financial Flexibility
Extended the revolving credit facility until February 2030 and increased the letter of credit facility to $470 million until April 2027, enhancing financial flexibility.
Positive Market Conditions in Canada
Favorable market conditions in Canada, with government incentives and strong growth potential in Quebec and Ontario.
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 |
|---|---|---|---|
May 14, 2025 | C$31.40 | C$30.43 | -3.09% |
Feb 28, 2025 | C$29.47 | C$29.52 | +0.17% |
Nov 14, 2024 | C$32.27 | C$32.34 | +0.22% |
Aug 14, 2024 | C$33.80 | C$33.91 | +0.33% |
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 Jul 31, 2025, TBA Not Confirmed.
What is Boralex Inc Cl A (TSE:BLX) earnings time?
Boralex Inc Cl A (TSE:BLX) earnings time is at Jul 31, 2025, TBA Not 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 2025 (Q2) is 0.12.