Recap: Brookfield Renewable Q1 Earnings

Brookfield Renewable BEP reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.

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

Brookfield Renewable missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.

Revenue was up $195.00 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 1.96% drop in the share price the next day.

Here's a look at Brookfield Renewable's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.08	-0.07
EPS Actual	-0.16	-0.25	-0.03	-0.16
Revenue Estimate	1.08B	974.23M	1.04B	1.08B
Revenue Actual	1.20B	1.10B	1.27B	1.14B

To track all earnings releases for Brookfield Renewable visit their earnings calendar here.

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

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