- Algonquin Power’s second-quarter adjusted earnings per share (EPS) were 4.0 cents, matching estimates but down from 9.0 cents year-over-year.
- The company has released its financial outlook for the upcoming years, estimating adjusted net earnings per share to be within a range of $0.30 – $0.32 for 2025.
- For 2026, Algonquin Power anticipates adjusted net earnings per share in the range of $0.35 – $0.37.
- The company expects adjusted net earnings per share to increase to a range of $0.42 – $0.46 by 2027.
- Rod West, CEO of Algonquin Power, stated that the company is continuing to execute its plans and is on track to meet the financial outlook for 2025.
- There are currently no new buy or sell ratings for Algonquin Power, with 12 hold recommendations.
A look at Algonquin Power & Utilities Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores have assessed Algonquin Power & Utilities and provided a snapshot of the company’s long-term outlook. With a strong Value score of 4 and a solid Dividend score of 4, Algonquin Power & Utilities is showing promise in terms of its financial health and shareholder returns. However, the Growth and Resilience scores are rated at 2, indicating potential areas for improvement in the company’s future trajectory. On the positive side, the Momentum score of 4 suggests that Algonquin Power & Utilities is currently performing well in terms of market momentum.
Algonquin Power & Utilities Corp. is a company with interests in renewable power generation and sustainable infrastructure assets throughout North America. Its diverse portfolio includes renewable energy facilities, thermal energy facilities, and water distribution and waste-water facilities. While the company’s Value and Dividend scores are strong, analysts have identified room for growth and increased resilience. Overall, the company’s performance in the market is currently showing positive momentum, indicating a potentially favorable outlook for investors considering Algonquin Power & Utilities as part of their long-term investment strategy.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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