Brookfield Renewable Partners Reports Q1 Net Loss Per LP Unit of $0.35, Down from $0.23 a Year Ago.

Brookfield Renewable Partners reported a Q1 net loss per LP unit of $0.35, compared to $0.23 a year ago. The company operates renewable power platforms and sustainable solutions with a portfolio of hydroelectric, wind, solar, and storage facilities across five continents. Its renewable power business manages a diverse portfolio of hydro, wind, solar, distributed energy, and sustainable solutions.

Brookfield Renewable Partners (NYSE: BEP) is scheduled to announce its Q1 2025 earnings results on Friday, May 2nd, before the market open. The consensus forecast for Funds from Operations (FFO) per share is $0.47, representing a year-over-year (YoY) increase of 4.4%, while the revenue estimate stands at $1.7 billion, up 13.9% YoY [1].

Over the past two years, BEP has consistently beaten FFO estimates 100% of the time and revenue estimates 63% of the time. In the last three months, FFO estimates saw no upward revisions and two downward revisions, while revenue estimates saw one upward revision and none downward. This indicates a cautious outlook from analysts on the upcoming earnings report [1].

Brookfield Renewable Partners operates a diversified portfolio of renewable power assets, including hydroelectric, wind, solar, and storage facilities across five continents. The company's Q1 performance is expected to benefit from its global portfolio and investments in renewable power, as well as increasing demand for electricity from data centers [2].

The Zacks Consensus Estimate for earnings per share is pegged at 26 cents, indicating a 13% YoY decrease. Revenue is expected to reach $914.32 million, marking a 4.5% YoY improvement. Actual generation from hydroelectric is forecast to be 5,014.3 gigawatt-hours (GWh), down 5.9% from the year-ago quarter, while total generation is expected to increase by 4.3% to 8,828.98 GWh [2].

Brookfield Renewable Partners' Earnings ESP (Earnings Surprise Prediction) stands at -75.24%, and the company currently carries a Zacks Rank #2. The firm's proven quantitative model does not predict an earnings beat for this reporting cycle. However, investors may consider other players in the industry, such as Dominion Energy (D), Evergy (EVRG), and Alliant Energy (LNT), which have positive Earnings ESPs and Zacks Ranks that suggest a higher likelihood of an earnings beat [2].

References:
[1] https://seekingalpha.com/news/4439374-brookfield-renewable-partners-q1-2025-earnings-preview
[2] https://finance.yahoo.com/news/brookfield-renewable-partners-post-q1-130600456.html