Earnings Outlook For Brookfield Renewable
Portfolio Pulse from Benzinga Insights
Brookfield Renewable (NYSE:BEP) is scheduled to release its quarterly earnings report on February 2, 2024, with analysts expecting an EPS of $-0.04. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Shares have declined by 6.37% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings announcement.
February 01, 2024 | 3:00 pm
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Brookfield Renewable is expected to report an EPS of $-0.04 for the upcoming quarter. Historical performance shows mixed results, with the stock price currently down 6.37% over the past year.
The expected EPS of $-0.04 indicates a potential continuation of Brookfield Renewable's mixed earnings performance. Given the historical impact of earnings announcements on BEP's stock price, the upcoming report could sway the stock in either direction, depending on whether they meet, miss, or exceed expectations. However, the guidance provided for future quarters will likely play a crucial role in short-term stock movement, making it a key focus for investors.
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