Algonquin Power & Utilities Corp expected to post earnings of 10 cents a share - Earnings Preview

Algonquin Power & Utilities

07/05/2025 13:50

Algonquin Power & Utilities Corp AQN.TO  is expected to show a fall in quarterly revenue when it reports  results on May 9 for the period ending March 31 2025

The Oakville Ontario-based  company is expected to report a 11.7% decrease in revenue to $651 million from $737.1 million a year ago, according to the estimate from one analyst, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Algonquin Power & Utilities Corp is for earnings of 10 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Algonquin Power & Utilities Corp is $5.50‚Äč, below‚Äč its last closing price of C$7.55. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.08
0.08
0.06
Missed
-25
Sep. 30 2024
0.09
0.09
0.08
Missed
-14.3
Jun. 30 2024
0.08
0.08
0.09
Beat
14.5‚Äč
Mar. 31 2024
0.15
0.16
0.14
Missed
-10.3
‚Äč‚ÄčDec. 31 2023
0.14
0.15
0.16
Beat
7.5
Sep. 30 2023
0.12
0.12
0.11
Missed
-6.6‚Äč
Jun. 30 2023
0.10
0.10
0.08
Missed
-23.5
Mar. 31 2023
0.17
0.17
0.17
Met
-0.6

This summary was machine generated May 7 at 12:50 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)