Algonquin Power & Utilities (TSE:AQN – Get Free Report) is scheduled to announce its earnings results before the market opens on Friday, May 10th. Analysts expect Algonquin Power & Utilities to post earnings of C$0.22 per share for the quarter.
Algonquin Power & Utilities (TSE:AQN – Get Free Report) last issued its quarterly earnings results on Friday, March 8th. The company reported C$0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.19 by C$0.03. The firm had revenue of C$908.00 million for the quarter, compared to analyst estimates of C$1 billion. Algonquin Power & Utilities had a net margin of 1.06% and a negative return on equity of 0.47%.
Algonquin Power & Utilities Price Performance
Shares of TSE AQN opened at C$9.08 on Wednesday. Algonquin Power & Utilities has a fifty-two week low of C$6.75 and a fifty-two week high of C$12.31. The stock has a market capitalization of C$6.26 billion, a price-to-earnings ratio of 227.00, a PEG ratio of 1.07 and a beta of 0.47. 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 business has a 50-day moving average of C$8.33 and a 200-day moving average of C$8.18.
Algonquin Power & Utilities Cuts Dividend
Wall Street Analysts Forecast Growth
Separately, Desjardins cut their price target on shares of Algonquin Power & Utilities from C$5.75 to C$5.50 and set a “hold” rating for the company in a report on Tuesday, April 30th.
View 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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