Algonquin Power (NYSE: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.
