Recap: Algonquin Power Q3 Earnings

Algonquin Power AQN reported its Q3 earnings results on Friday, November 10, 2023 at 06:44 AM.

Here's what investors need to know about the announcement.

Algonquin Power missed estimated earnings by 8.33%, reporting an EPS of $0.11 versus an estimate of $0.12.

Revenue was down $42.00 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 2.09% drop in the share price the next day.

Here's a look at Algonquin Power's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.11	0.16	0.23	0.17
EPS Actual	0.08	0.17	0.22	0.11
Revenue Estimate	635.26M	753.18M	703.54M	594.76M
Revenue Actual	627.90M	778.60M	748.00M	666.70M

To track all earnings releases for Algonquin Power visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.