financetom
Business
financetom
/
Business
/
RBC Capital Markets Revises Q4 2024 Estimates for Canadian Energy Infrastructure Companies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RBC Capital Markets Revises Q4 2024 Estimates for Canadian Energy Infrastructure Companies
Jan 28, 2025 8:48 AM

11:16 AM EST, 01/28/2025 (MT Newswires) -- RBC Capital Markets on Monday revised its estimates for Canadian energy infrastructure companies ahead of their fourth quarter results.

RBC lowered its EBITDA estimate for Boralex ( BRLXF ) to $190 million from $211 million to primarily reflect weak wind resources in France and Canada.

Capital Power's ( CPXWF ) EBITDA forecast was cut to $362 million from $387 million while TransAlta ( TAC ) 's EBITDA projection was down to $280 million from $302 million to primarily reflect lower-than-expected Alberta power prices and production levels.

For Fortis ( FTS ) , RBC trimmed the EPS estimate to $0.84 from $0.86 to primarily reflect less favorable weather and changes related to the valuation of retirement benefits at UNS Energy.

RBC lowered the EBITDA estimate for Superior Plus ( SUUIF ) to US$165 million from US$174 million to primarily reflect mild weather and the weak Canadian currency.

Price: 24.66, Change: -0.84, Percent Change: -3.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved