Algonquin Power & Utilities Says Not Providing Adjusted EPS Guidance For 2024, Citing Uncertainty Regarding Planned Sale Of Its Renewable Energy Business
Portfolio Pulse from Benzinga Newsdesk
Algonquin Power & Utilities announced it will not provide adjusted EPS guidance for 2024 due to uncertainty surrounding the planned sale of its renewable energy business.
March 08, 2024 | 11:33 am
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Algonquin Power & Utilities' decision to not provide adjusted EPS guidance for 2024 may create uncertainty among investors, potentially impacting its stock price.
The lack of EPS guidance for 2024 due to the uncertainty of the renewable energy business sale could lead to investor uncertainty. This uncertainty may result in stock price volatility as investors reassess their expectations for the company's future earnings and growth prospects.
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