Brookfield Renewable Partners L.P. (NYSE:BEP) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Previous Quarter Performance
Brookfield Renewable Partners L.P. came out with loss for the second quarter of $ 0.14 per share, from the revenue of $ 651.00 million. The consensus estimates are $ 657.00 million in revenue The top line results fell short of analysts by $ 6 million or 0.91 percent.
Stock Performance
Shares of Brookfield Renewable Partners L.P. traded low $ -1.89 or -3.27 percent on Wednesday, reaching $ 55.91 with volume of 448.70 thousand shares. Brookfield Renewable Partners L.P. has traded high as $ 58.34 and has cracked $ 55.69 on the downward trend
The closing price of $ 55.91, representing a 140.33 % increase from the 52 week low of $ 24.05 and a 2.6 % decrease over the 52 week high of $ 59.34.
The company has a market capital of $ 10.20 billion and is part of the Utilities sector and Utilities – Independent Power Producers industry.
Recent Analyst recommendations
- On 8th October 2020, downgraded by Wells Fargo & Co to Equal-Weight from Overweight rating.
- On 25th September 2020, maintained by Scotiabank at Sector Perform rating, with $ 46.00 target price.
- On 25th September 2020, maintained by BMO Capital Markets at Market Perform rating, with $ 48.00 target price.
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydro, wind, solar, cogeneration, and biomass sources.
