Brookfield Renewable (BEPC) Projected to Post Earnings on Friday

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

Brookfield Renewable (NYSE:BEPC - Get Free Report) last released its earnings results 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). The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.37 billion. Brookfield Renewable had a return on equity of 0.43% and a net margin of 1.16%. During the same quarter last year, the company earned ($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 Price Performance

Shares of Brookfield Renewable stock traded up $0.20 during trading on Wednesday, hitting $24.80. The stock had a trading volume of 998,577 shares, compared to its average volume of 1,186,831. The business has a fifty day moving average of $28.57 and a two-hundred day moving average of $29.42. The firm has a market cap of $3.59 billion, a P/E ratio of -30.25 and a beta of 1.23. Brookfield Renewable has a fifty-two week low of $21.35 and a fifty-two week high of $35.14. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.51 and a quick ratio of 0.51.

Brookfield Renewable Dividend Announcement

The firm 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. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.42 annualized dividend and a dividend yield of 5.73%. Brookfield Renewable's dividend payout ratio is currently -173.17%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their price target on shares of Brookfield Renewable from $34.00 to $32.00 and set an "overweight" rating on the stock 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.