Boralex Inc., trading under the symbol BRLXF on the PNK exchange, is a prominent player in the renewable energy sector. The company focuses on developing and operating renewable energy power facilities, primarily in Canada, France, and the United States. Boralex competes with other renewable energy firms like Brookfield Renewable Partners and Innergex Renewable Energy.
On May 14, 2025, BRLXF reported its earnings before the market opened. The company announced an earnings per share (EPS) of $0.20, which was below the estimated $0.29. This shortfall in EPS indicates that the company’s profitability was less than what analysts had anticipated. The earnings call, led by President and CEO Patrick Decostre and CFO Bruno Guilmette, provided insights into these results.
BRLXF’s actual revenue for the period was approximately $185.5 million, falling short of the estimated $242.7 million. This revenue miss suggests that the company faced challenges in generating sales during the quarter. The earnings call, attended by analysts from institutions like National Bank and CIBC, offered a platform for discussing these financial outcomes.
The company’s financial ratios provide further context to its performance. With a price-to-earnings (P/E) ratio of 91.39, investors are paying $91.39 for every dollar of earnings, indicating high expectations for future growth. However, the earnings yield of 1.09% suggests a modest return on investment. The price-to-sales ratio of 3.60 and enterprise value to sales ratio of 7.95 reflect the company’s valuation relative to its sales. BRLXF’s debt-to-equity ratio of 2.69 shows a significant reliance on debt compared to equity, which could impact financial flexibility. The current ratio of 0.96 indicates that the company has slightly less current assets than current liabilities, which may affect its short-term liquidity. These financial metrics were part of the detailed discussion during the earnings call, as highlighted by Seeking Alpha.