Shares of Algonquin Power & Utilities fall as it reports US$186.4M Q4 loss
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 07/03/2025 (532 days ago), so information in it may no longer be current.
TORONTO – Algonquin Power & Utilities Corp. reported a loss in its fourth quarter compared with a profit a year ago as its revenue edged lower.
The company, which keeps its books in U.S. dollars, says it saw a net loss attributable to shareholders of US$186.4 million or 25 cents US per diluted share for the quarter ended Dec. 31.
The result compared with profit of US$186.3 million or 27 cents US per diluted share for the last three months of 2023.
Revenue for the quarter totalled US$584.8 million, down from US$585.7 million a year earlier.
On an adjusted basis, Algonquin says it earned six cents US per share in its latest quarter compared with an adjusted profit of 12 cents US per share in fourth quarter of 2023.
Shares in the company were down 45 cents or nearly seven per cent at C$6.38 in early trading on the Toronto Stock Exchange.
This report by The Canadian Press was first published March 7, 2025.
Companies in this story: (TSX:AQN)