Brookfield Renewable (NYSE:BEP) reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Brookfield Renewable missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.
Revenue was up $195.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 1.96% 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 | -0.08 | -0.07 | ||
| EPS Actual | -0.16 | -0.25 | -0.03 | -0.16 |
| Revenue Estimate | 1.08B | 974.23M | 1.04B | 1.08B |
| 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.
