Brookfield Renewable (BEP) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Brookfield Renewable Energy Partners (BEP) reported revenue of $737 million, up 3.5% over the same period last year. EPS came in at -$0.06, compared to $0.01 in the year-ago quarter.The reported revenue represents a surprise of -11.99% over the Zacks Consensus Estimate of $837.42 million. With the consensus EPS estimate being -$0.12, the EPS surprise was +50.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Brookfield Renewable performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Actual Generation - Solar: 731 GWh versus 844 GWh estimated by 11 analysts on average. Actual Generation - Hydroelectric - Total: 3,560 GWh compared to the 4,780.45 GWh average estimate based on 11 analysts. Actual Generation - Hydroelectric - Colombia: 776 GWh versus the 11-analyst average estimate of 990.57 GWh. Actual Generation - Hydroelectric - Brazil: 904 GWh versus the 11-analyst average estimate of 1,000.15 GWh. Operating Revenue- Hydroelectric- Colombia: $100 million compared to the $87.28 million average estimate based on 11 analysts. Operating Revenue- Hydroelectric- Brazil: $48 million compared to the $58.60 million average estimate based on 11 analysts. Operating Revenue- Utility-scale solar: $58 million compared to the $104.96 million average estimate based on 11 analysts. The reported number represents a change of -31.8% year over year. Revenues- Hydroelectric: $313 million compared to the $374.29 million average estimate based on 10 analysts. The reported number represents a change of -9.3% year over year. Revenues- Wind: $172 million compared to the $184.02 million average estimate based on 10 analysts. The reported number represents a change of +24.6% year over year. Operating Revenue- Hydroelectric- North America: $165 million versus $227.81 million estimated by 10 analysts on average. Operating Revenue- Distributed energy & storage: $50 million versus $52.31 million estimated by five analysts on average. Operating Revenue- Sustainable solutions: $144 million compared to the $125.20 million average estimate based on five analysts. View all Key Company Metrics for Brookfield Renewable here>>>Shares of Brookfield Renewable have returned -10.4% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brookfield Renewable Partners L.P. (BEP): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks