Brookfield Renewable BEP is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement.
Analysts estimate that Brookfield Renewable will report an earnings per share (EPS) of $-0.07.
Brookfield Renewable bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Brookfield Renewable's past performance and the resulting price change:
|Quarter||Q4 2021||Q3 2021||Q2 2021||Q1 2021|
|Price Change %||2.72%||-0.7%||-1.37%||0.08%|
Shares of Brookfield Renewable were trading at $36.25 as of May 04. Over the last 52-week period, shares are down 3.48%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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