Earnings in 2019 were positively impacted by ongoing growth in the regulated rate base and regulatory decisions, the continued implementation of
Read or listen to the conference call.
Canadian Utilities today announced third quarter 2019 adjusted earnings of $106 million, or $0.39 per share, compared to $132 million, or $0.49 per share, in the third quarter of 2018. Canadian Utilities today announced second quarter 2019 adjusted earnings of $126 million, or $0.46 per share, compared to $107 million, or $0.39 per share, in the second quarter of 2018.In the period 2019 to 2021, Canadian Utilities plans to invest $3.5 billion in regulated utilities in Canada and Australia, which will continue to strengthen our high-quality earnings base.Canadian Utilities will hold a live teleconference and webcast to discuss our second quarter 2019 financial results. Canadian Utilities’ unaudited interim consolidated financial statements and management’s discussion and analysis for the six months ended June 30, 2019 will be available on the Canadian Utilities website (www.canadianutilities.com), via SEDAR (www.sedar.com) or can be requested from the Company.A financial summary and reconciliation of adjusted earnings to earnings attributable to equity owners of the Company is provided below:Higher earnings were mainly due to the favourable impact of the electricity transmission 2018-2019 general tariff application decision and natural gas transmission 2019-2020 general rate application decision, as well as ongoing growth in the regulated rate base, earnings growth in the hydrocarbon storage business, cost efficiencies, and lower income taxes.In the second quarter of 2019, Canadian Utilities invested $241 million in capital projects, of which $215 million was invested in regulated utilities.
No pass code is required. Canadian Utilities today announced second quarter 2019 adjusted earnings of $126 million, or $0.46 per share, compared to $107 million, or $0.39 per share, in the second quarter of 2018. Dennis DeChamplain, Executive Vice President & Chief Financial Officer, will discuss second quarter 2019 financial results and recent developments at 8:00 am Mountain Time (10:00 am Eastern Time) on Thursday, July 25, 2019 at 1-800-319-4610. Canadian Utilities announced first quarter 2020 adjusted earnings of $179 million , or $0.66 per share, compared to $200 million , or $0.73 per share, in the first quarter of 2019.
Download the investor presentation - earnings call slides.
Find the latest Earnings Report Date for Canadian Utilities (CDUUF) at Nasdaq.com. that basis being the U.S. accounting principles for rate-regulated entities - and they are a key measure used to assess segment performance, to reflect the economics of rate regulation and to... | May 1, 2020 Canadian Utilities adjusted earnings in the first quarter of 2020 were $21 million lower than the same period in The remaining $26 million invested includes planned capital maintenance in the electricity generation fleet. Participants are asked to please dial-in 10 minutes prior to the start and request to join the Canadian Utilities teleconference.This news release should be used as preparation for reading the full disclosure documents. Canadian Utilities announced first quarter 2020 adjusted earnings of $179 million , or $0.66 per share, compared to $200 million , or $0.73 per share, in the first quarter of 2019. All earnings call transcripts on Canadian Utilities Limited (CDUAF) stock. Canadian Utilities announced adjusted earnings in 2019 of $608 million , or $2.23 per share, compared to $607 million , or $2.24 per share, in 2018. Opening remarks will be followed by a question and answer period with investment analysts.
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