Brookfield Renewable Corporation (BEPC) Reports Q3 Loss, Tops Revenue Estimates
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Brookfield Renewable Corporation (BEPC) reported a Q3 loss of $0.32 per share, which was larger than the Zacks Consensus Estimate of a $0.28 loss. This is a decline from the $0.14 loss per share reported a year ago. However, the company exceeded revenue estimates.
November 08, 2024 | 4:30 pm
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Brookfield Renewable Corporation reported a larger-than-expected Q3 loss of $0.32 per share, missing the Zacks Consensus Estimate of $0.28. Despite the earnings miss, the company exceeded revenue expectations.
The larger-than-expected loss per share could negatively impact investor sentiment, but the fact that revenue estimates were exceeded may offset this. The mixed results make the short-term stock impact uncertain.
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