FY2025 Earnings Estimate for TSE:AQN Issued By Scotiabank

Algonquin Power & Utilities Corp. (TSE:AQN) – Equities research analysts at Scotiabank lowered their FY2025 EPS estimates for Algonquin Power & Utilities in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $0.37 for the year, down from their previous forecast 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) last posted its quarterly earnings data on Friday, March 7th. The company reported C$0.06 earnings per share for the quarter, missing the consensus estimate of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same period in the prior year, the firm posted $0.16 EPS.

Algonquin Power & Utilities Trading Down 0.7 %

AQN stock opened at C$7.32 on Monday. Algonquin Power & Utilities has a 52 week low of C$6.03 and a 52 week high of C$9.28. The company has a debt-to-equity ratio of 154.35, a quick ratio of 0.37 and a current ratio of 0.92. The company’s 50-day simple moving average is C$6.78 and its 200 day simple moving average is C$6.81. The company has a market capitalization of C$3.97 billion, a PE ratio of -3.67, a price-to-earnings-growth ratio of 1.07 and a beta of 0.52.

Insiders Place Their Bets

In related news, Director Randy David Laney bought 9,795 shares of the business’s stock in a transaction dated 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.