BEPC Earnings Prediction
The chart below shows how BEPC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BEPC sees a -1.86% change in stock price 10 days leading up to the earnings, and a +0.69% change 10 days following the report. On the earnings day itself, the stock moves by +0.53%. This data can give you a slight idea of what to expect for the next quarter's release.
BEPC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.04B
11.46%
5.26%
Gross Margin
30.84%
27.44%
18.21%
Operating Margin
27.95%
-12.41%
8.42%
Net Margin
-63.78%
-143.48%
86.06%
EPS
-1.80
-149.59%
97.80%
No Data Available
BEPC Earnings Analysis
Brookfield Renewable Corporation Class A Subordinate Voting Shares Corporation (BEPC.N) Earnings Conference Call
Positive
Record Funds Achievement: 1. Record Funds from Operations: Brookfield Renewable achieved record funds from operations of $278 million in Q3 2024, representing an 11% year-over-year increase, which positions the company well to meet its growth targets.
Asset Monetization Success: 2. Strong Asset Monetization Returns: The company generated approximately $2.3 billion from asset monetizations this year, achieving returns of 2.5 times invested capital and internal rates of return exceeding 20%.
Capital Investment Strategy: 3. Significant Capital Deployment: Year-to-date, Brookfield has committed over $11 billion in equity for growth investments, including the proposed acquisition of Neoen, which is on track to close as planned.
Hydro Contract Success: 4. Favorable Hydro Contracts: The company successfully executed contracts with U.S. utilities at an average price of nearly $90 per megawatt hour for an average duration of almost 15 years, expected to significantly uplift annual revenue.
Strong Liquidity Reserves: 5. Robust Liquidity Position: Brookfield ended the quarter with $4.6 billion in available liquidity, supporting its funding model and growth initiatives.
Negative
Market Volatility Impact: 1. Declining Share Prices: Following the recent election results, share prices of many companies, including Brookfield Renewable, experienced a significant drop, indicating market volatility and investor uncertainty.
Capital Access Challenges: 2. Increased Capital Scarcity: The uncertainty surrounding the new administration may reduce access to capital for companies reliant on public markets, potentially impacting their growth and investment strategies.
Regulatory Change Risks: 3. Regulatory Risks: Despite the company's confidence in its insulation from regulatory changes, the potential for shifts in government support and subsidy programs poses a risk to future growth and profitability.
M&A Market Uncertainty: 4. Market Volatility Impact on M&A: The recent election outcome has created uncertainty in the M&A landscape, which could lead to a pause in ongoing asset sales and affect valuations of development pipelines.
Cautious Non-Renewable Investments: 5. Pressure on Non-Renewable Investments: The company is cautious about investing in non-renewable power sectors, which may face higher risks and lower returns compared to their established renewable energy projects.
BEPC FAQs
How does BEPC typically perform around its earnings report dates?
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BEPC Earning Call Sentiment
Brookfield Renewable Corporation (BEPC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BEPC.N
0.49%Positive
The earnings call summary indicates strong financial performance with an 11% increase in FFO, successful asset sales generating high returns, and a substantial liquidity position. The Q&A section highlights confidence in growth potential, especially in offshore wind, and a robust investment pipeline despite market volatility. While there are some concerns about tax policy impacts, management's positive outlook on renewables and strategic partnerships, like the Orsted transaction, suggest a favorable market reaction. The absence of buyback or dividend programs is a minor negative, but overall sentiment leans positive, likely resulting in a 2% to 8% stock price increase.
