Algonquin Power: Q3 Earnings Insights

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Algonquin Power AQN reported its Q3 earnings results on Friday, November 10, 2023 at 06:44 AM.

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

Earnings

Algonquin Power missed estimated earnings by 8.33%, reporting an EPS of $0.11 versus an estimate of $0.12.

Revenue was down $42.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 2.09% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.11 0.16 0.23 0.17
EPS Actual 0.08 0.17 0.22 0.11
Revenue Estimate 635.26M 753.18M 703.54M 594.76M
Revenue Actual 627.90M 778.60M 748.00M 666.70M

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.

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