Brookfield Renewable Q3 FFO $0.38, Flat YoY; Revenues $1.179B vs $987M Est.
Portfolio Pulse from Benzinga Newsdesk
Brookfield Renewable reported Q3 FFO of $0.38, unchanged from the same period last year. The company's revenues were $1.179 billion, beating estimates of $987 million.
November 03, 2023 | 11:20 am
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POSITIVE IMPACT
Brookfield Renewable's Q3 results showed stable FFO and higher-than-expected revenues. This could potentially have a positive impact on the company's stock.
Brookfield Renewable's Q3 results showed a stable FFO, indicating consistent cash flows. Additionally, the company's revenues exceeded estimates, which is generally viewed positively by investors and could lead to an increase in the stock price.
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