Algonquin Power & Utilities Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Algonquin Power & Utilities Corp. (NYSE:AQN) is expected to release its Q3 financial results on Nov. 10, 2023. Analysts predict earnings of 12 cents per share, up from 11 cents per share in the previous year, and revenue of $670.67 million, up from $594.76 million. The company's shares fell 0.5% to close at $5.59 on Thursday. Recent analyst ratings include a price target cut from $9 to $8.5 by BMO Capital, a price target increase from $9.5 to $10 by Wells Fargo, and a downgrade from Hold to Sell by Desjardins.
November 10, 2023 | 7:06 am
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Algonquin Power & Utilities Corp. is expected to release its Q3 results soon. Analysts predict an increase in earnings and revenue. The company's stock fell recently, and it has received mixed analyst ratings.
The upcoming earnings release could potentially impact the company's stock price. However, the recent fall in the stock price and mixed analyst ratings make the short-term impact uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100