Brookfield Renewable Partners (BEP) reported Q4 funds from operations Friday of $0.46 per unit, up from $0.38 a year earlier.
Analysts polled by FactSet expected $0.46.
Revenue for the quarter ended Dec. 31 was $1.43 billion, compared with $1.32 billion a year earlier.
Three analysts surveyed by FactSet expected $1.45 billion.
The company's board of directors raised the quarterly distribution by 5% to $0.373 per unit, payable on March 31 to unitholders of record as of Feb. 28.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.