Algonquin Power & Utilities (AQN) Misses Q4 Earnings and Revenue Estimates

Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of$ 0.08 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this utility operator would post earnings of$ 0.09 per share when it actually produced earnings of $0.08, delivering a surprise of -11.11%.Over the last four qua ...