Brookfield Renewable Corp reports results for the quarter - Earnings Summary

Brookfield Renewable

09/11/2024 12:26

* Brookfield Renewable Corp  BEPC.N  reported a quarterly
adjusted
loss of 32 cents​​ per share for the quarter , lower than the
same quarter last year, when the company reported EPS of -14
cents.  The lone analyst forecast for the quarter was for a loss
of 28 cents per share. 
    * Revenue rose 24.7% to $1.47 billion from a year ago;
analysts
expected $1.37 billion. 
    * Brookfield Renewable Corp's reported EPS for the quarter
was a
loss of 32 cents​.
    * The company reported a quarterly loss of $181 million.
    * Brookfield Renewable Corp shares had fallen by 5.1% this
quarter and gained 7.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 33.00 
This summary was machine generated from LSEG data November 9 at
12:25 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
 Sep. 30 2024      -0.28          -0.32          Missed
 Jun. 30 2024      -0.27          -0.28          Missed
 Mar. 31 2024      -0.29          -0.23          Beat
 Dec. 31 2023      -0.14          0.01           Beat