HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Brookfield Renewable Energy Partners LP (BEP) on Friday reported fourth-quarter earnings of $188 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had net loss of 6 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The operator of hydroelectric and wind power generation facilities posted revenue of $1.43 billion in the period. Its adjusted revenue was $737 million, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $837.4 million.
For the year, the company reported that its loss narrowed to $9 million, or 89 cents per share. Revenue was reported as $3.25 billion.
Brookfield Renewable shares have declined 9% since the beginning of the year. The stock has declined 22% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEP at https://www.zacks.com/ap/BEP
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。