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Algonquin Power & Utilities' Q2 Adjusted Earnings Rise, Revenue Falls
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Algonquin Power & Utilities' Q2 Adjusted Earnings Rise, Revenue Falls
Aug 9, 2024 5:38 AM

08:08 AM EDT, 08/09/2024 (MT Newswires) -- Algonquin Power & Utilities ( AQNB ) reported Q2 adjusted net earnings Friday of $0.09 per share, up from $0.08 a year earlier.

Four analysts polled by Capital IQ expected $0.13.

Revenue for the quarter ended June 30 was $598.6 million, down from $627.9 million a year earlier.

A single analyst surveyed by Capital IQ expected $636 million.

The company's shares were up 1.8% in recent premarket activity

Price: 6.30, Change: +0.11, Percent Change: +1.78

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