What trends are visible in BEP's quarterly earnings?
4/10/2025 06:15pm
Brookfield Renewable Partners (BEP) has shown significant fluctuations in its net income and revenue over the past five years, with a notable decline in diluted EPS. Here are the key trends visible in BEP's quarterly earnings:
1. **Net Income Trends**:
- BEP's net income has experienced a substantial decline from $138 million in 2022Q4 to $-9 million in 2024Q4.
- The most recent quarter (2024Q4) reported a net income of $188 million, which is a positive shift from the previous quarter's loss.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2020 Q1|-41.830065359477125|8.9E7|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q2|-109.1743119266055|-1.0E7|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q3|-12000|-1.19E8|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q4|-150|-5000000|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q1|-161.79775280898875|-5.5E7|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q2|1200|1.1E8|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q3|-29.411764705882355|-1.54E8|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q4|760|3.3E7|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q1|160|3.3E7|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q2|10.909090909090908|1.22E8|169|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2020 Q1|27.151515151515156|1.049E9|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q2|19.69504447268107|9.42E8|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q3|35.046728971962615|8.67E8|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q4|31.129476584022036|9.52E8|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q1|-2.7645376549094376|1.02E9|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q2|8.174097664543524|1.019E9|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q3|11.418685121107266|9.66E8|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q4|14.600840336134455|1.091E9|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q1|11.372549019607844|1.136E9|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q2|25.024533856722275|1.274E9|169|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2020 Q1|-92.85714285714285|0.01|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q2|-320|-0.11|169|
|BEP|BEP.N|Brookfield Renewable|2020 Q3|-70.58823529411762|-0.29|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q1|-2500|-0.24|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q2|-18.181818181818183|-0.13|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q3|27.586206896551722|-0.21|169|
|BEP|BEP.N|Brookfield Renewable|2021 Q4||-0.12|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q1|33.33333333333333|-0.16|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q2|76.92307692307693|-0.03|169|
|BEP|BEP.N|Brookfield Renewable|2022 Q3|-19.04761904761905|-0.25|169|
2. **Revenue Trends**:
- The company's total revenue has generally increased over the past five years, from $4.71 billion in 2022Q4 to $1.43 billion in 2024Q4.
- The latest reported revenue for 2024Q4 was $1.43 billion, indicating a 8.24% growth from the previous year.
3. **Diluted EPS Trends**:
- The diluted EPS has been negative in several quarters, with the most significant loss being -$0.89 in 2024Q4.
- The latest reported diluted EPS was -$0.06, which represents a -700% growth rate from the previous year.
|code|Ticker|Name|Date|Net Income YoY|market_code|
|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2024 Q1|-139.54802259887003|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q2|-158.27814569536426|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q3|-262.5|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q4|-28.78787878787879|169|
|code|Ticker|Name|Date|Total Revenue YoY|market_code|
|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2024 Q1|12.096168294515403|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q2|22.987551867219917|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q3|24.681933842239186|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q4|8.238851095993953|169|
|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|BEP|BEP.N|Brookfield Renewable|2024 Q1|-155.55555555555557|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q2|-180|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q3|-128.57142857142856|169|
|BEP|BEP.N|Brookfield Renewable|2024 Q4|-699.9999999999999|169|
4. **Recent Performance**:
- BEP reported record FFO of $1,217 million or $1.83 per Unit for the twelve months ended December 31, 2024, marking a 10% increase on a per Unit basis.
- Net income for the three months ending December 31, 2024, was $35 million, a significant improvement from the previous year's net loss of $82 million.
- The company's revenue for the fourth quarter of 2024 was $1.3 billion, up from $1.2 billion in the same period the previous year.
In conclusion, while BEP has experienced significant challenges in terms of net income and diluted EPS, the company's revenue has shown growth, and there are positive signs of recovery and growth in its recent reports.