The earnings call highlighted significant growth in Alberta's population, strong project developments like CETO and Yellowhead, and robust financial performance. However, challenges such as regulatory headwinds in Alberta utilities and uncertainty in hydrogen project support were noted. Overall, the sentiment reflects a predominantly positive outlook with some cautionary notes.

Company Guidance

In the third quarter of 2025, Canadian Utilities Limited highlighted significant progress in several key areas, according to their conference call. The company's adjusted earnings reached $108 million, or $0.40 per share, marking an increase from the previous year's $102 million. The growth was attributed to strong performances across core businesses, including a $280 million Central East Transfer-Out project aimed at enhancing Alberta's electric grid reliability, which is on track for completion in the first half of 2026. The company also reported significant advancements in the Yellowhead pipeline project, which is 90% contracted and poised to deliver substantial long-term benefits to Alberta's natural gas network. On the funding front, Canadian Utilities successfully executed a $750 million hybrid notes transaction and a $370 million debenture offering, demonstrating strong investor interest. Additionally, ATCO Australia delivered a remarkable 80% increase in adjusted earnings, driven by higher rates and operational outperformance, contributing to the company's robust financial position as it heads into 2026.

Population Growth in Alberta

Alberta's population reached 5 million people, up 2.5% year-over-year, contributing to a robust project pipeline for Canadian Utilities.

Central East Transfer-Out Project (CETO)

The $280 million CETO project aims to upgrade Alberta's electric transmission system. It is on track to be completed in the first half of next year, promising enhanced reliability and efficiency.

Yellowhead Pipeline Project

The Yellowhead pipeline project remains 90% contracted and received approval from the Alberta Utilities Commission. It is a key investment aimed at improving Alberta's natural gas network.

Strong Financial Performance

Canadian Utilities reported adjusted earnings of $108 million, up from $102 million in the previous year, driven by growth across core businesses.

Successful Financing

Canadian Utilities executed a $750 million transaction of hybrid notes and a $370 million debenture transaction, both significantly oversubscribed.

ATCO Australia Performance

ATCO Australia reported adjusted earnings of $27 million, up 80% from the previous year, driven by strong growth in ATCO Gas Australia and settlement gains.

Canadian Utilities A (TSE:CU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:CU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2025 (Q4)	0.70 / -	0.718	―	―	―
Nov 07, 2025	2025 (Q3)	0.38 / 0.40	0.375	6.67% (+0.03)	―	―
Jul 31, 2025	2025 (Q2)	0.44 / 0.38	0.322	17.08% (+0.05)	―	―
May 07, 2025	2025 (Q1)	0.84 / 0.77	0.82	-5.61% (-0.05)	―	―
Feb 27, 2025	2024 (Q4)	0.72 / 0.72	0.71	1.13% (<+0.01)	―	―
Nov 14, 2024	2024 (Q3)	0.34 / 0.38	0.246	52.44% (+0.13)	―	―
Aug 02, 2024	2024 (Q2)	0.41 / 0.32	0.301	6.98% (+0.02)	―	―
May 02, 2024	2024 (Q1)	0.83 / 0.82	0.732	12.02% (+0.09)	―	―
Feb 29, 2024	2023 (Q4)	0.69 / 0.71	0.791	-10.24% (-0.08)	―	―
Oct 26, 2023	2023 (Q3)	0.32 / 0.25	0.32	-23.13% (-0.07)	―	―

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:CU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2025	C$39.69	C$41.08	+3.50%
Jul 31, 2025	C$38.57	C$37.68	-2.31%
May 07, 2025	C$37.03	C$37.12	+0.24%
Feb 27, 2025	C$33.68	C$33.12	-1.66%

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 Canadian Utilities A (TSE:CU) report earnings?

Canadian Utilities A (TSE:CU) is schdueled to report earning on Feb 26, 2026, Before Open (Confirmed).

What is Canadian Utilities A (TSE:CU) earnings time?

Canadian Utilities A (TSE:CU) earnings time is at Feb 26, 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:CU EPS forecast?

TSE:CU EPS forecast for the fiscal quarter 2025 (Q4) is 0.7.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing