Brookfield Renewable Partners L.P (BEP-UN:CA) is set to release its Q4 earnings report before the market opens on Friday, January 31st. As a major player in the renewable energy sector, investors and analysts eagerly anticipate the financial results, particularly in light of recent stock performance and market conditions.
The earnings report will provide insight into the company’s revenue, profitability, and overall financial health as it continues to navigate the challenges of the energy sector.
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Expected Q4 Earnings Report of Brookfield Renewable Partners:
Analysts project Brookfield Renewable Partners to report an earnings per share (EPS) of ($0.22) for Q4, alongside expected revenue of $1.45 billion. This follows a disappointing Q3 performance, where the company posted an EPS of ($0.32), significantly missing the consensus estimate of ($0.04). Despite this, revenue in the last quarter reached $1.47 billion, surpassing expectations of $843.18 million.
Want to know more? Read Our Latest Report on Brookfield Renewable Partners
For the full fiscal year, analysts forecast an EPS of ($1.00), maintaining a cautious outlook on the company’s profitability. Brookfield Renewable’s financial health has been a point of discussion due to its 1.16% net margin and 0.24% return on equity, reflecting relatively low returns.
| Rating Action | Analyst | Rating | Price | Date |
|---|---|---|---|---|
| Maintains | Morningstar |
CAD 39
|
12/11/2024 | |
| Maintains | Morningstar |
CAD 39
|
09/26/2024 | |
| Maintains | CIBC World Markets |
CAD 44
|
09/25/2024 | |
| Maintains | TD Securities |
CAD 46
|
09/23/2024 |
Stock Target Advisor’s Analysis on Brookfield Renewable Partners:
Brookfield Renewable Partners currently has an average 12-month analyst target price of CAD 40.00, with a “Strong Buy” consensus rating among analysts. However, Stock Target Advisor provides a “Slightly Bearish” rating based on six positive signals and nine negative signals.
Conclusion:
Brookfield Renewable Partners’ upcoming Q4 earnings report will be a critical moment for investors, as they look for improvements in earnings, revenue stability, and strategic updates.
Investors should watch for key financial indicators and management’s outlook during the earnings call to gauge the company’s growth trajectory and financial resilience.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
