Algonquin Power's Q4 performance exceeded expectations, but the 2027 guidance fell short, leading to a slight increase in stock price.

Ontario, Oakville - On Friday, Algonquin Power & Utilities Corp. (NYSE:AQN) announced its fourth quarter adjusted earnings per share of $0.06, surpassing analyst expectations of $0.05. Revenue reached $630.7 million, also exceeding the market consensus of $616.56 million.

Following the earnings release, the stock rose 1.89%, reflecting investor focus on the company’s current quarter performance.

The utility company provided a fiscal 2026 EPS guidance range of $0.35 to $0.37, with a midpoint of $0.36, in line with analyst expectations.

However, the company’s outlook for fiscal 2027 EPS is $0.38 to $0.42, below the market consensus of $0.45, with a midpoint of $0.40, 11% lower than expected.

For the full fiscal year 2025, Algonquin reported net income of $208 million, or $0.27 per common share. Adjusted net income was $258.8 million, or $0.34 per common share.

Net income for the fourth quarter totaled $29 million, or $0.04 per common share. Adjusted net income was $47.2 million.

The board of directors announced a first-quarter 2026 common stock dividend of $0.0650, payable on April 15, 2026, to shareholders registered as of March 31, 2026.

The board also approved dividends on preferred shares: Series A preferred shares at C$0.41100 per share and Series D preferred shares at C$0.42831 per share, both payable on March 31, 2026.

Algonquin Power & Utilities Corp. is a diversified international utility company engaged in power generation, transmission, and distribution, primarily serving over one million customers in the U.S. and Canada through its subsidiary Liberty.

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