Brookfield Renewable BEPC will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Brookfield Renewable to report an earnings per share (EPS) of $-0.28.
Anticipation surrounds Brookfield Renewable's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
In the previous earnings release, the company missed EPS by $0.02, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Brookfield Renewable's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.26 | -0.29 | -0.14 | -0.12 |
| EPS Actual | -0.28 | -0.23 | 0.01 | -0.14 |
| Price Change % | 0.0% | 5.0% | -3.0% | -1.0% |
Market Performance of Brookfield Renewable's Stock
Shares of Brookfield Renewable were trading at $29.55 as of November 06. Over the last 52-week period, shares are up 27.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Brookfield Renewable visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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