Algonquin Power & Utilities Corp. (TSE:AQN – Free Report) – Equities researchers at Scotiabank lowered their FY2025 EPS estimates for Algonquin Power & Utilities in a report issued on Wednesday, March 19th. Scotiabank analyst R. Hope now forecasts that the company will earn $0.37 per share for the year, down from their prior estimate of $0.40. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Algonquin Power & Utilities’ FY2026 earnings at $0.47 EPS.
Algonquin Power & Utilities (TSE:AQN – Get Free Report) last issued its quarterly earnings results on Friday, March 7th. The company reported C$0.06 EPS for the quarter, missing the consensus estimate of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative net margin of 39.22% and a negative return on equity of 19.30%. During the same quarter in the previous year, the company posted $0.16 earnings per share.
Algonquin Power & Utilities Stock Up 0.4 %
Insider Buying and Selling at Algonquin Power & Utilities
In other Algonquin Power & Utilities news, Director Randy David Laney bought 9,795 shares of Algonquin Power & Utilities stock in a transaction on Monday, March 10th. The stock was purchased at an average cost of C$7.02 per share, for a total transaction of C$68,803.21. Company insiders own 0.06% of the company’s stock.
About Algonquin Power & Utilities
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
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