Algonquin Power (NYSE: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.
