Algonquin Power & Utilities (AQN) Tops Q1 Earnings and Revenue Estimates

Core Insights - Algonquin Power & Utilities (AQN) reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, with an earnings surprise of 55.56% [1] - The company generated revenues of $692.4 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.02%, although this represents a decline from $737.1 million in the same quarter last year [2] - The stock has increased approximately 22.7% since the beginning of the year, contrasting with a -3.7% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $530.16 million, and for the current fiscal year, it is $0.28 on revenues of $2.4 billion [7] - The estimate revisions trend for Algonquin Power & Utilities is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Utility - Electric Power industry is currently ranked in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of ranked industries [8] - NRG Energy, a competitor in the same industry, is expected to report quarterly earnings of $1.80 per share, reflecting a year-over-year increase of +125%, with a significant revision of the consensus EPS estimate by 28.8% higher over the last 30 days [9]