Hydro One Q2 EPS $0.62 Beats $0.56 Estimate, Sales $2.302B Miss $2.390B Estimate

Hydro One (TSX:H) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.56 by 10.71 percent. This is a 14.81 percent increase over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $2.302 billion which missed the analyst consensus estimate of $2.390 billion by 3.70 percent. This is a 11.42 percent increase over sales of $2.066 billion the same period last year.