Algonquin Down 2% In US Premarket After Q3 Miss; But National Banks Says Longer Term Outlook "More Important" and "Becoming Clearer"

MT Newswires11-07

Algonquin Power & Utilities (AQN.TO, AQN) has turned negative 2% in US premarket -- it was up 0.4% --as it reported Q3 adjusted net earnings Thursday of US$0.08 per share, down from $0.10 a year ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481813185?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-07 22:10","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481813185","market":"us","top_or_hot":-1,"title":"Algonquin Down 2% In US Premarket After Q3 Miss; But National Banks Says Longer Term Outlook \"More Important\" and \"Becoming Clearer\"","media":"MT Newswires","content":"<div>\n<p>Algonquin Power & Utilities (AQN.TO, AQN) has turned negative 2% in US premarket -- it was up 0.4% --as it reported Q3 adjusted net earnings Thursday of US$0.08 per share, down from $0.10 a year ...</p>\n\n<a href=\"https://finance.yahoo.com/news/algonquin-down-2-us-premarket-141037535.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Algonquin Down 2% In US Premarket After Q3 Miss; But National Banks Says Longer Term Outlook \"More Important\" and \"Becoming Clearer\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlgonquin Down 2% In US Premarket After Q3 Miss; But National Banks Says Longer Term Outlook \"More Important\" and \"Becoming Clearer\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/algonquin-down-2-us-premarket-141037535.html><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Algonquin Power & Utilities (AQN.TO, AQN) has turned negative 2% in US premarket -- it was up 0.4% --as it reported Q3 adjusted net earnings Thursday of US$0.08 per share, down from $0.10 a year ...</p>\n\n<a href=\"https://finance.yahoo.com/news/algonquin-down-2-us-premarket-141037535.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://finance.yahoo.com/news/algonquin-down-2-us-premarket-141037535.html","article_id":"2481813185","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481813185","pubTimestamp":1730988637,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Algonquin Power & Utilities  has turned negative 2% in US premarket -- it was up 0.4% --as it reported Q3 adjusted net earnings Thursday of US$0.08 per share, down from $0.10 a year earlier. Analysts polled by Capital IQ expected $0.09.Revenue for the quarter ended Sept. 30 was $573.2 million, up from $564.8 million a year earlier. Three analysts surveyed by Capital IQ expected $620.4 million.The company did say it is \"making progress in strategic transition to regulated utility\".For National Bank the bottom line is that the Q3 results show a \"slight miss driven by a number of moving pieces\", but should be looked over as the longer term outlook is \"more important and is becoming more clear.\" With visibility on AQN's pathway to optimize its regulated business, National Bank keeps an Outperform rating with a US$6.75 per share target based on a DCF with a 7.75% discount rate.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","NBHC":"National Bank Holdings Corp","BK4208":"复合型公用事业","AQN":"Algonquin Power & Utilities Corp"},"translate_title":"第三季度业绩不佳后，阿尔冈昆(Algonquin)在美国盘前下跌2%；但国家银行表示，长期前景“更加重要”且“变得更加清晰”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NBHC":1,"AQN":0.9},"content_text":"Algonquin Power & Utilities (AQN.TO, AQN) has turned negative 2% in US premarket -- it was up 0.4% --as it reported Q3 adjusted net earnings Thursday of US$0.08 per share, down from $0.10 a year earlier. Analysts polled by Capital IQ expected $0.09.\n\n Revenue for the quarter ended Sept. 30 was $573.2 million, up from $564.8 million a year earlier. Three analysts surveyed by Capital IQ expected $620.4 million.\n\n The company did say it is \"making progress in strategic transition to regulated utility\".\n\n For National Bank the bottom line is that the Q3 results show a \"slight miss driven by a number of moving pieces\", but should be looked over as the longer term outlook is \"more important and is becoming more clear.\" With visibility on AQN's pathway to optimize its regulated business, National Bank keeps an Outperform rating with a US$6.75 per share target based on a DCF with a 7.75% discount rate.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481813185"}