Brookfield Renewable Corp reports results for the quarter ended March 31 - Earnings Summary

• Brookfield Renewable Corp BEPC.N reported a quarterly adjusted loss of 35 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of three analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -40 cents to -9 cents per share.

• Revenue rose 5.9% to $1.58 billion from a year ago; analysts expected $1.57 billion.

• Brookfield Renewable Corp's reported EPS for the quarter was a loss of 35 cents​.

• The company reported a quarterly loss of $197 million.

• Brookfield Renewable Corp shares had risen by 2.7% this quarter and gained 3.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"

• Wall Street's median 12-month price target for Brookfield Renewable Corp is $33.00

This summary was machine generated from LSEG data May 2 at 09:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)