Brookfield Renewable: Q1 Earnings Insights

Brookfield Renewable (NYSE:BEPC) reported its Q1 earnings results on Friday, May 5, 2023 at 06:45 AM. Here’s what…

Brookfield Renewable (NYSE:BEPC) reported its Q1 earnings results on Friday, May 5, 2023 at 06:45 AM.

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

Earnings

Brookfield Renewable reported in-line EPS of $-0.09 versus an estimate of $-0.09.

Revenue was up $195.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.45% drop in the share price the next day.

Here’s a look at Brookfield Renewable’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.04 -0.04 -0.04
EPS Actual -0.16 -0.25 -0.03 -0.16
Revenue Estimate 1.21B 1.01B 1.01B 1.01B
Revenue Actual 1.20B 1.10B 1.27B 1.14B

To track all earnings releases for Brookfield Renewable visit their earnings calendar here.

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

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