Brookfield Renewable (BEPC) Projected to Post Quarterly Earnings on Friday

Brookfield Renewable (NYSE:BEPC) is expected to announce its earnings results before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of ($0.33) per share and revenue of $1.37 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Brookfield Renewable (NYSE:BEPC) last released its quarterly earnings data on Friday, November 8th. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.04). Brookfield Renewable had a net margin of 1.16% and a return on equity of 0.43%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period last year, the business posted ($0.14) earnings per share. On average, analysts expect Brookfield Renewable to post $-1 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Brookfield Renewable Trading Up 0.8 %

BEPC opened at $24.80 on Thursday. Brookfield Renewable has a fifty-two week low of $21.35 and a fifty-two week high of $35.14. The firm has a market capitalization of $3.59 billion, a PE ratio of -30.25 and a beta of 1.23. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.51 and a quick ratio of 0.51. The company’s 50-day moving average is $28.44 and its 200 day moving average is $29.39.

Brookfield Renewable Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th were paid a $0.355 dividend. This represents a $1.42 annualized dividend and a dividend yield of 5.73%. The ex-dividend date was Friday, November 29th. Brookfield Renewable’s dividend payout ratio (DPR) is presently -173.17%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price target on Brookfield Renewable from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd.

Brookfield Renewable Company Profile

Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts.