Brookfield Renewable (BEPC) Scheduled to Post Quarterly Earnings on Friday

Brookfield Renewable (NYSE:BEPC) is scheduled to release its earnings data before the market opens on Friday, November 8th. Analysts expect Brookfield Renewable to post earnings of ($0.28) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Brookfield Renewable (NYSE:BEPC) last issued its quarterly earnings data on Friday, August 2nd. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.01). Brookfield Renewable had a return on equity of 0.79% and a net margin of 2.37%. The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.51 billion. On average, analysts expect Brookfield Renewable to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Brookfield Renewable Price Performance

Shares of NYSE:BEPC opened at $30.58 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.87. The stock has a market cap of $5.49 billion, a PE ratio of -66.48 and a beta of 1.19. The stock’s fifty day simple moving average is $30.69 and its two-hundred day simple moving average is $29.38. Brookfield Renewable has a 1-year low of $21.35 and a 1-year high of $35.14.

Brookfield Renewable Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 30th were given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date was Friday, August 30th. Brookfield Renewable’s payout ratio is currently -308.70%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price objective on shares of Brookfield Renewable from $34.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, October 17th.

Brookfield Renewable Company Profile

Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts.