Algonquin Power & Utilities Corp. (NYSE:AQN) is set to announce second quarter earning results on Thursday 13th August 2020, after market close.
Previous Quarter Performance
Algonquin Power & Utilities Corp. outlined income for the first quarter of $ 0.19 per share, from the revenue of $ 464.90 million. The quarterly earnings up 27.14 percent compared with the same quarter last year. Street analysts expected . The bottom line results street analysts by $ 0.06 or , at the same time, top line results analysts by $ 196.31 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of AQN was $ 13.69, representing a 43.65 % increase from the 52 week low of $ 9.53 and a 18.75 % decrease over the 52 week high of $ 16.85.
The company has a market capital of $ 7.99 billion and is part of the Utilities sector and Utilities – Independent Power Producers industry.
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Recent Analyst recommendations
- On 17th June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 16.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.1551 per share on May 7, 2020. The dividend were payable on July 15, 2020 to holders of record as of the close of business on June 30, 2020 and ex-dividend date on June 29, 2020.
Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. It generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with a combined gross generating capacity of approximately 1.5 gigawatt; a portfolio of regulated electric, natural gas, water distribution, and wastewater collection utility systems.
