Brookfield Renewable Partners Reports Q3 Revenue Beat and 15% FFO Growth
Brookfield Renewable Partners (BEP) reported third-quarter financial results featuring a significant revenue beat. The company generated $1.78 billion in revenue, representing an 11.3% increase year-over-year and exceeding market expectations by $160 million. Funds From Operations (FFO) rose 15% year-over-year to $346 million, with FFO per unit landing at $0.51, meeting analyst projections. Despite the operational growth, the company reported a net loss attributable to unitholders of $314 million, or $0.52 per limited partnership unit.
Tickers: $BEP
Topics: earnings report FFO hydroelectric revenue beat
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Part of the story Brookfield Renewable Partners Reports Q3 Revenue Beat and 15% FFO Growth (3 articles)