Brookfield Renewable Energy Partners (BEP) to Release Quarterly Earnings on Friday

Brookfield Renewable Energy Partners (TSE:BEP) will be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect Brookfield Renewable Energy Partners to post earnings of C($0.05) per share for the quarter.

Brookfield Renewable Energy Partners (TSE:BEP) last announced its quarterly earnings data on Friday, August 2nd. The company reported C($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.18 by C($0.56). The company had revenue of C$1.14 billion for the quarter, compared to analysts’ expectations of C$1.25 billion.

Brookfield Renewable Energy Partners Stock Performance

Analyst Upgrades and Downgrades

Separately, UBS Group raised Brookfield Renewable Energy Partners from a “hold” rating to a “strong-buy” rating and upped their price objective for the stock from C$24.00 to C$31.00 in a research report on Monday, September 30th.

Brookfield Renewable Energy Partners Company Profile

Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms. Its portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 20,000 megawatts of installed capacity and an approximately 23,000 megawatt development pipeline.