06:56 AM EDT, 05/10/2024 (MT Newswires) -- Algonquin Power & Utilities ( AQNB ) reported Q1 adjusted earnings Friday of $0.14 per share, down from $0.17 a year earlier.

Analysts polled by Capital IQ expected $0.16.

Revenue for the quarter ended March 31 was $737.1 million compared with $778.6 million a year earlier.

Analysts polled by Capital IQ expected $813.4 million.

In the same statement, Algonquin said it officially named Chris Huskilson as its chief executive officer effective immediately after holding the post on an interim basis since August 2023.

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