Brookfield Renewable Partners (BEP) is scheduled to release first-quarter 2025 results on May 2, before market open. The company delivered an earnings surprise of 50% in the last reported quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted BEP's Q1 PerformanceBrookfield Renewable Partners’ first-quarter earnings are expected to have continued to benefit ...

Core Viewpoint - Brookfield Infrastructure Partners (BIP) is expected to report year-over-year growth in revenues and funds from operations (FFO) per share for the first quarter of 2025, with a projected FFO per share of 81 cents, reflecting a 3.9% increase from the previous year [1][8]. Financial Performance - In the last reported quarter, BIP posted an FFO per share of 82 cents, exceeding the Zacks Consensus Estimate of 79 cents, indicating a year-over-year rise in revenues [1][2]. - The Zacks Consensus Estimate for first-quarter total revenues is $5.25 billion, representing a 1.2% increase from the year-ago figure [6]. - The Utilities segment's adjusted EBITDA is estimated at $303.7 million, down from $316 million in the prior-year quarter, while the Transport segment's adjusted EBITDA is projected at $365.9 million, a decline from $401 million [6]. Segment Performance - The Midstream segment's adjusted EBITDA is expected to rise to $280.3 million from $256 million reported in the prior-year quarter, indicating strong performance due to robust customer activity and new contracts [7]. - The Data Operations segment's adjusted EBITDA is projected to increase to $185.3 million from $130 million in the year-ago quarter, benefiting from the growing demand for data center services [7][4]. Strategic Initiatives - Brookfield's strategic focus on data infrastructure, including data centers and telecom towers, positions the company to leverage the ongoing digitalization trend [4]. - The company is likely to continue securing proceeds from asset sales, contributing to its growth initiatives [4]. Market Sentiment - Analysts' confidence in BIP's performance has waned, as the Zacks Consensus Estimate for quarterly FFO per share was revised downward by 3 cents to 81 cents [8][10]. - The current Earnings ESP for BIP is 0.00%, and it holds a Zacks Rank of 4 (Sell), indicating uncertainty regarding a potential surprise in FFO this quarter [10].

Core Insights - The article discusses the investment positions held by analysts in specific companies, indicating a long position in shares of BN and SU, which may suggest confidence in their future performance [1]. Group 1 - Analysts have disclosed beneficial long positions in the shares of BN and SU, either through stock ownership, options, or other derivatives, reflecting a positive outlook on these companies [1]. - The article emphasizes that the opinions expressed are personal and not influenced by compensation from any company mentioned, ensuring an unbiased perspective [1].

Core Viewpoint - Brookfield Asset Management's recent stock dip presents a potential buying opportunity, with a higher dividend yield and lower valuation, while the company is on track for significant earnings and dividend growth in the coming years [1][9]. Financial Performance - Brookfield generated nearly $2.5 billion in fee-related earnings last year, marking a more than 10% increase from 2023 [2]. - The company raised $135 billion from investors last year, including a record $29 billion in Q4, leading to an 18% increase in fee-bearing capital in Q4 and a 17% rise in fee-related earnings during that period [2]. Growth Prospects - The company ended last year with $539 billion of fee-bearing capital and aims to increase its fee-bearing assets under management (AUM) to around $1.1 trillion by 2029 [5]. - Brookfield expects its fee-related earnings to rise at a 17% compound annual rate through the end of the decade, potentially doubling to $5 billion [6]. - Distributable earnings (DE) are projected to grow at an 18% compound annual rate, increasing from almost $2.4 billion last year to $5.1 billion in 2029 [6]. Dividend Policy - Brookfield has increased its dividend by 15%, resulting in a dividend yield of nearly 3.5% at the current share price, which is more than double the S&P 500's yield [4]. - The company plans to pay 95% of its distributable earnings to investors in dividends, positioning it for a 15% annual dividend growth rate over the next several years [6][7]. Valuation and Investment Opportunity - The stock trades at about 35 times its 2024 DE but is expected to grow into its valuation, trading at about 18 times its 2029 DE [8]. - The recent stock price dip below $55 enhances the investment appeal, offering a strong total return potential as the company grows its earnings and dividends at an expected annual rate of 15%+ [9].

Core Viewpoint - Brookfield Asset Management is a strong investment opportunity with a 3.5% dividend yield and a significant history in global infrastructure investing, making it a stock to consider before its earnings report on May 6 [1] Financial Performance - Brookfield Asset Management announced a 15% increase in its dividend, indicating confidence in its financial strength and growth potential [2] - The company has over $1 trillion in assets under management (AUM), with significant allocations across various sectors: $126 billion in renewable power, $202 billion in infrastructure, $145 billion in private equity, $271 billion in real estate, and $317 billion in credit [5][4] Growth Outlook - The company expects to double the scale of its five main businesses between 2024 and 2029, projecting earnings growth from fee-bearing capital of around 17% annually, which will support a 15% annual dividend growth [8] - Brookfield's investment strategy allows it to capitalize on market downturns by acquiring undervalued assets, which has been effective for over a century [6][7] Market Position - Despite a 20% decline from its peak, Brookfield's stock offers a yield of 3.6%, significantly higher than the S&P 500's 1.3% and the average finance company's 1.8% [9] - The current market conditions may present a long-term investment opportunity, as short-term results are unlikely to define the company's overall potential [10]

Group 1 - Danone's Shareholders' Meeting approved all resolutions, including financial statements for the 2024 fiscal year and a dividend of €2.15 per share, representing a 2.4% increase from the previous year [3][4] - The meeting saw a participation of 72.66% of Danone's total outstanding share capital [2] - The Board of Directors renewed the terms of office for key executives, including the CEO and independent directors [4] Group 2 - Danone continues its global Employee Share Subscription Plan, allowing eligible employees to subscribe to new shares at a 30% discount, with participation from around 85% of employees in 48 countries [6] - Danone generated €27.6 billion in sales in 2023 and operates in three health-focused categories: Essential Dairy & Plant-Based products, Waters, and Specialized Nutrition [7] - The company aims for B Corp certification globally by 2025, emphasizing its commitment to sustainability and health [7]

Core Insights - The company reported a strong start to 2025 with a +4.3% like-for-like (LFL) sales growth in Q1, driven by a +1.9% increase in volume/mix and a +2.4% increase in price [3][4] - The health-oriented portfolio has proven relevant in the current uncertain environment, contributing to the resilience of the business [3][4] - The company confirmed its 2025 guidance, expecting LFL sales growth between +3% and +5%, with recurring operating income anticipated to grow faster than sales [4][13] Sales Performance by Geography - In Europe, Q1 2025 LFL sales increased by +2.0%, supported by a +1.9% growth in volume/mix, with positive momentum for six consecutive quarters [6] - North America saw LFL sales growth of +3.7%, led by High Protein products, while Medical Nutrition also performed strongly [7] - China, North Asia & Oceania experienced significant growth with LFL sales up +9.9%, driven by strong demand in Specialized Nutrition and Waters [8] - Latin America reported LFL sales growth of +9.0%, primarily due to price increases, despite a decline in volume/mix [9] - The Rest of the World achieved LFL sales growth of +3.3%, with notable performance in Africa and Specialized Nutrition [10] Sales Performance by Category - The total sales for the company in Q1 2025 reached €6,844 million, with EDP (Essential Dairy Products) sales declining by -2.7% while Specialized Nutrition grew by +5.7% [4][11] - Waters category sales increased by +2.2%, benefiting from strong brand performances ahead of the summer season [6][11] Recent Developments - The company completed a share buyback of 2.7 million shares for a total of €192 million to offset dilution from capital increases [14][15] - A successful bond issuance of €800 million with an 8-year maturity and a 3.438% coupon was completed, reflecting strong investor confidence in the company's business model [15]

Group 1 - The article emphasizes the attractiveness of value investing in a market rich with opportunities, particularly for income stocks purchased at a discount to intrinsic value [2] - The focus is on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The investment strategy is geared towards defensive stocks with a medium- to long-term investment horizon [2] Group 2 - The article does not provide specific financial data or performance metrics related to any particular company or industry [4][5]

Group 1 - The current investing uncertainty can be traced back to 1981, a pivotal year marked by high interest rates and the actions of US Federal Reserve Chair Paul Volcker in combating inflation [1] - The focus is on investing in unloved stocks, particularly in underappreciated markets such as the Middle-East and Africa, which have been targeted for investment over the past decade [1] - The investment strategy is inspired by notable works such as Thomas Phelps' "100-1" and Philip Fisher's investment philosophies, emphasizing the search for Time Arbitrage opportunities and stocks with embedded optionality [1]

Group 1 - The article highlights Brookfield Asset Management as one of the top three alternative asset managers for 2024, indicating a successful investment call [1] - The author emphasizes a generalist approach to investment, focusing on sectors with perceived alpha potential compared to the S&P 500 [1] - The typical holding period for investments is noted to range from a few quarters to multiple years, suggesting a long-term investment strategy [1] Group 2 - The article is presented as an independent opinion, with no current stock or derivative positions in the companies mentioned, indicating a lack of conflict of interest [2] - The author expresses that the article is self-written and reflects personal views, with no compensation received from companies discussed [2] - Seeking Alpha's disclosure states that past performance does not guarantee future results, emphasizing the independent nature of the analysis [3]