Brookfield Renewable (NYSE:BEPC) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.57b (flat on FY 2023).
• Net income: US$236.0m (up from US$181.0m loss in FY 2023).
• Profit margin: 5.2% (up from net loss in FY 2023).
• EPS: US$0.63 (up from US$0.48 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brookfield Renewable EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates.

The primary driver behind last 12 months revenue was the Unallocated Attributable to Non-Controlling Interests segment contributing a total revenue of US$2.60b (57% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$1.26b (49% of total expenses). Explore how BEPC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Renewable Energy industry in the US.

Performance of the American Renewable Energy industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

Be aware that Brookfield Renewable is showing 4 warning signs in our investment analysis and 3 of those are potentially serious...

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