trending Market Intelligence /marketintelligence/en/news-insights/trending/copq16h7upzlr7emsvmwqw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Hydro One books higher Q2'18 adjusted net income

Blog

COVID-19 Impact & Recovery: Energy Outlook for H2 2021

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021


Hydro One books higher Q2'18 adjusted net income

Hydro One Ltd. on Aug. 14 booked adjusted net income attributable to common shareholders of C$194 million, or 32 Canadian cents per diluted share, compared to C$117 million, or 20 Canadian cents per diluted share, in the same quarter in 2017.

Adjusted earnings per share exclude the impact of C$6 million in income related to the company's pending merger with Avista Corp.

GAAP net income attributable to common shareholders was C$200 million, or 33 Canadian cents per diluted share, compared to C$117 million, or 20 Canadian cents per diluted share, a year ago.

Net cash from operating activities increased to C$292 million, from C$280 million, while revenues for the quarter also increased to C$1.48 billion, from C$1.37 billion, a year ago.