Brookfield Renewable Q2 2024 FFO $0.51 Misses $0.52 Estimate, Sales $1.482B Miss $1.566B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookfield Renewable (NYSE:BEP) reported Q2 2024 earnings of $0.51 per share, missing the analyst estimate of $0.52. Sales were $1.482 billion, also missing the estimate of $1.566 billion. Despite the misses, sales increased by 22.99% year-over-year.
August 02, 2024 | 10:57 am
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Brookfield Renewable reported Q2 2024 earnings of $0.51 per share, missing the analyst estimate of $0.52. Sales were $1.482 billion, also missing the estimate of $1.566 billion. Despite the misses, sales increased by 22.99% year-over-year.
Brookfield Renewable's Q2 2024 earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the significant year-over-year sales growth may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100