December 4, 2023

Algonquin Energy & Utilities Corp. AQN is projected to launch monetary outcomes for its third quarter, earlier than the opening bell on Nov. 10, 2023.

Analysts anticipate the corporate to submit quarterly earnings at 12 cents per share, up from year-ago earnings of 11 cents per share. The corporate’s income may are available at $670.67 million, in comparison with $594.76 million within the year-ago interval.

Algonquin Energy, throughout August, posted weaker-than-expected outcomes for its second quarter.

Algonquin Energy & Utilities shares fell 0.5% to shut at $5.59 on Thursday.

Benzinga readers can entry the most recent analyst rankings on the Analyst Inventory Scores web page. Readers can kind by inventory ticker, firm identify, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.

  • BMO Capital analyst Ben Pham maintained a Market Carry out ranking and reduce the value goal from $9 to $8.5 on Aug. 11, 2023. This analyst has an accuracy charge of 61%.
  • Wells Fargo analyst Neil Kalton maintained an Obese ranking and elevated the value goal from $9.5 to $10 on Could 12, 2023. This analyst has an accuracy charge of 66%.
  • Desjardins analyst Brent Stadler downgraded the inventory from Maintain to Promote on Jan. 13, 2023. This analyst has an accuracy charge of 67%.

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