Algonquin Power: Q2 Earnings Insights

Algonquin Power: Q2 Earnings Insights

 

Algonquin Power AQN reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Algonquin Power beat estimated earnings by 6.67%, reporting an EPS of $0.16 versus an estimate of $0.15.

Revenue was up $96.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 5.22% increase in the share price the next day.

Here's a look at Algonquin Power's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.20 0.21 0.16 0.14
EPS Actual 0.21 0.21 0.15 0.15
Revenue Estimate 688.81M 571.16M 469.58M 444.52M
Revenue Actual 735.70M 594.80M 528.60M 527.50M

To track all earnings releases for Algonquin Power visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings