Algonquin Power & Utilities (TSE:AQN – Get Free Report) will announce its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of C$0.22 per share for the quarter.
Algonquin Power & Utilities (TSE:AQN – Get Free Report) last announced its quarterly earnings data on Friday, March 8th. The company reported C$0.22 EPS for the quarter, beating the consensus estimate of C$0.19 by C$0.03. Algonquin Power & Utilities had a net margin of 1.06% and a negative return on equity of 0.47%. The business had revenue of C$908.00 million during the quarter, compared to analysts’ expectations of C$1 billion.
Algonquin Power & Utilities Trading Up 0.1 %
Shares of Algonquin Power & Utilities stock opened at C$9.09 on Thursday. Algonquin Power & Utilities has a 1 year low of C$6.75 and a 1 year high of C$12.31. The company has a debt-to-equity ratio of 123.16, a current ratio of 0.63 and a quick ratio of 0.37. The stock has a market cap of C$6.27 billion, a PE ratio of 227.25, a price-to-earnings-growth ratio of 1.07 and a beta of 0.47. The firm has a fifty day moving average price of C$8.35 and a 200 day moving average price of C$8.19.
Algonquin Power & Utilities Cuts Dividend
Analyst Ratings Changes
Separately, Desjardins reduced their price target on Algonquin Power & Utilities from C$5.75 to C$5.50 and set a “hold” rating for the company in a research report on Tuesday, April 30th.
Read Our Latest Research Report on Algonquin Power & Utilities
About Algonquin Power & Utilities
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
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