Brookfield Renewable Partners reports Q3 EPS (23c), consensus (9c)

Reports Q3 revenue $1.60B, consensus $1.62B. Reports Q3 FFO 46c. “We had another strong quarter, advancing several strategic priorities while delivering strong financial results. In October, we announced a transformational partnership with the U.S. Government that should significantly accelerate deployment of Westinghouse’s leading reactor technology in the U.S. and abroad, which we expect to drive substantial growth for our business for years to come,” said Connor Teskey, CEO of Brookfield Renewable. He continued, “We continued to extend our leadership position in essential baseload power generation and grid-stabilizing technologies, such as hydro, nuclear, and energy storage. Our deep understanding of these critical technologies, when paired with our leading development capabilities in low-cost, quick-to-market renewables and our access to significant capital, positions us to continue to execute on exceptional partnerships and investment opportunities created by surging demand for electricity to support the deployment of AI.”