What is Scotiabank’s Estimate for TSE:AQN FY2025 Earnings?

Algonquin Power & Utilities Corp. (TSE:AQNFree Report) – Research analysts at Scotiabank reduced their FY2025 earnings estimates for Algonquin Power & Utilities in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst R. Hope now forecasts that the company will earn $0.37 per share for the year, down from their previous forecast of $0.40. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Algonquin Power & Utilities’ FY2026 earnings at $0.47 EPS.

Algonquin Power & Utilities Trading Down 0.7 %

TSE:AQN opened at C$7.32 on Monday. The company has a market cap of C$3.97 billion, a P/E ratio of -3.67, a price-to-earnings-growth ratio of 1.07 and a beta of 0.52. Algonquin Power & Utilities has a twelve month low of C$6.03 and a twelve month high of C$9.28. The business has a 50 day moving average price of C$6.78 and a two-hundred day moving average price of C$6.81. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35.

Algonquin Power & Utilities (TSE:AQNGet Free Report) last issued its quarterly earnings results on Friday, March 7th. The company reported C$0.06 EPS for the quarter, missing analysts’ consensus estimates of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative net margin of 39.22% and a negative return on equity of 19.30%. During the same period in the prior year, the business earned $0.16 earnings per share.

Insider Transactions at Algonquin Power & Utilities

In related news, Director Randy David Laney bought 9,795 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of C$7.02 per share, for a total transaction of C$68,803.21. 0.06% of the stock is currently owned by insiders.

Algonquin Power & Utilities Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Algonquin Power & Utilities (TSE:AQN)

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