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Boralex Q2 2024 Earnings Report

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C$29.21 +0.19 (+0.65%)
(As of 12/20/2024 05:17 PM ET)

Boralex EPS Results

Actual EPS
C$0.10
Consensus EPS
C$0.04
Beat/Miss
Beat by +C$0.06
One Year Ago EPS
N/A

Boralex Revenue Results

Actual Revenue
$180.00 million
Expected Revenue
$211.65 million
Beat/Miss
Missed by -$31.65 million
YoY Revenue Growth
N/A

Boralex Announcement Details

Quarter
Q2 2024
Time
N/A

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Boralex Earnings Headlines

TSX Closes At New Record High
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Bay Street May Open Slightly Higher; U.S. Inflation Data In Focus
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About Boralex

Boralex (TSE:BLX) Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power. The company generates the vast majority of its revenue from the sale of energy through long-term contracts to customers in Canada, France, and the United States. Boralex's wind and hydroelectric power stations, located in Canada and France, account for most of this revenue. The company's facilities in Canada and France are also responsible for most of the company's total power production.

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