Brookfield Renewable Corp reports results for the quarter ended June 30 - Earnings Summary
01/08/2025 14:32
Brookfield Renewable Corp BEPC.N reported a quarterly adjusted loss of 22 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of three analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -43 cents to -7 cents per share. Revenue rose 14.2% to $1.69 billion from a year ago; analysts expected $1.61 billion. Brookfield Renewable Corp's reported EPS for the quarter was a loss of 22 cents. The company reported a quarterly loss of $112 million. Brookfield Renewable Corp shares had risen by 11.7% this quarter and gained 32.4% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 16.3% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy" Wall Street's median 12-month price target for Brookfield Renewable Corp is $32.00, about 14.5% below its last closing price of $36.63 This summary was machine generated from LSEG data August 1 at 01:32 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.25 | -0.22 | Beat |
| Mar. 31 2025 | -0.24 | -0.35 | Missed |
| Dec. 31 2024 | -0.18 | -0.06 | Beat |
| Sep. 30 2024 | -0.28 | -0.32 | Missed |
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