Brookfield Renewable Announces Strong Third Quarter Results and Three-For-Two Stock Split

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Go back to Brookfield Renewable Announces Strong Third Quarter Results and Three-For-Two Stock Split

Brookfield Renewable Energy Partners (BEP) Reports Q3 Loss of $0.44, Revenues Beat; Announces 3-for-2 Share Split

November 4, 2020 6:55 AM EST

Brookfield Renewable Energy Partners (NYSE: BEP) reported Q3 EPS of ($0.44). Revenue for the quarter came in at $867 million versus the consensus estimate of $657 million.

We had a strong quarter, as we executed on a broad range of transactions that highlight the unique strengths and differentiated value of our business, said Connor Teskey, CEO of Brookfield Renewable. Our strategy going forward is unchanged. We remain focused on growing our business, while continuing to deliver on our target of 12-15% long-term returns to... More