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Algonquin Power & Utilities Q4 Adjusted Net Earnings Drop, Miss Estimates
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Algonquin Power & Utilities Q4 Adjusted Net Earnings Drop, Miss Estimates
Mar 7, 2025 4:26 AM

07:12 AM EST, 03/07/2025 (MT Newswires) -- Algonquin Power & Utilities ( AQNB ) (AQN.TO, AQN) on Friday said its fourth-quarter adjusted net earnings fell, missing analyst estimates.

Adjusted net earnings dropped to US$45.2 million, or US$0.06 per share, from US$81.3 million, or US$0.12 per share. Analysts polled by FactSet expected $0.09 per share.

Revenue was US$584.8 million, down from US$588.2 million. Adjusted EBITDA declined to US$248.6 million from US$262.1 million.

The company's share price at last look gained 2.5% to US$4.91 in U.S. pre-market trading on Friday.

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