Algonquin Power & Utilities reports before the market opens on November 6. Analysts expect third-quarter EPS of C$0.09. In the last four comparable quarters, AQN beat estimates three times and missed once.
Algonquin Power & Utilities Corp. (TSX: AQN) will report results for the quarter ended September 30, 2026, before the market opens on Friday, November 6. Its earnings call starts at 8:30 a.m. ET. Investors will be watching to see whether recent earnings momentum continues as the company simplifies its portfolio and shifts capital toward its core regulated businesses. For more details, visit the AQN stock page.
Recent earnings trend
Algonquin Power & Utilities Corp
AQN.TO
AQN.TO
Algonquin Power & Utilities Corp
WealthAwesomeMarket cap
$6.06B
P/E
23.8x
Div. yield
3.36%
Div. / share
$0.26
52W high
$9.36
52W low
$6.93
1W change
+5.64%
Beta
0.94
Analyst Price Targets
Based on analyst covering AQN · as of Nov 5, 2026
Wall Street analysts forecast AQN stock price to rise 13.8% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$8.96
+13.8% Upside
Previously C$8.97 on Nov 4, 2026
Current Price
C$7.87
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AQN's historical volatility
30-Day Vol
21.1%
Annualized
90-Day Vol
23.5%
Annualized
Trend (90d)
+5.0%
Annualized drift
90d Mean
C$8.01
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$7.92 | C$7.36 – C$8.51 |
| 60 trading days | C$7.96 | C$7.18 – C$8.83 |
| 90 trading days | C$8.01 | C$7.06 – C$9.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | — | 0.1000 | — |
| 2026-06-30 | 2026-08-07 | 0.0400 | 0.0300 | +33.3% |
| 2026-03-31 | 2026-05-08 | 0.1300 | 0.1100 | +18.2% |
| 2025-12-31 | 2026-03-06 | 0.0200 | 0.0500 | -60.0% |
| 2025-09-30 | 2025-11-07 | 0.0900 | 0.0600 | +50.0% |
| 2025-06-30 | 2025-08-08 | 0.0400 | 0.0400 | +0.0% |
Investor takeaway: Eight analysts expect EPS of C$0.09, with estimates ranging from C$0.06 to C$0.11. AQN beat EPS estimates in three of its last four reported quarters, but the consensus has slipped from C$0.10 over the past 30 days. Investors will also be watching revenue, forecast at about C$664.5 million, and management’s comments on capital priorities.
C$0.09 EPS consensus
Analysts expect EPS of C$0.09 for the quarter ended September 30, unchanged from a year earlier. The estimate range is C$0.06 to C$0.11, based on eight analysts. Revenue is forecast at C$664.5 million, with estimated year-over-year growth of 14.0%. That forecast is based on two analysts.
Bull case
AQN beat EPS estimates in three of its last four comparable quarters, including the March and June 2026 quarters. The September-quarter consensus points to 5.3% year-over-year EPS growth, while revenue is forecast to rise 14.0%. The recent sale of its 64% stake in Chilean water utility Suralis brought in about US$126.4 million. AQN expects to use the proceeds to pay down debt and support its 2026–2028 capital plan. The sale also advances the company’s effort to focus on its core regulated utility businesses.
Bear case
Recent beats don’t guarantee another one. AQN missed estimates in the December 2025 quarter, reporting EPS of C$0.02 against expectations of C$0.05. The current EPS consensus has fallen from C$0.10, with two downward revisions and no upward revisions over the past month. AQN reported trailing EPS of C$0.33 and a profit margin of 5.87%. Investors will need the upcoming results and management’s outlook to assess the shares, including their valuation and 3.31% dividend yield.
Analysis
Algonquin Power & Utilities will report third-quarter 2026 results before the market opens on November 6. Its earnings call is scheduled for 8:30 a.m. ET. The quarter covers the three months ended September 30.
The main benchmark is EPS consensus of C$0.09, with estimates ranging from C$0.06 to C$0.11. That matches the year-ago quarter. Revenue is forecast at C$664.5 million, up 14.0% year over year, though only two analysts contributed estimates. Eight analysts contributed to the EPS consensus.
AQN’s recent results offer context, but they don’t guarantee another beat. The company exceeded EPS estimates in three of its last four reported quarters: C$0.13 versus C$0.11 in March 2026, and C$0.04 versus C$0.03 in June. It missed in December 2025, reporting C$0.02 against C$0.05 expected, then beat in September 2025 with C$0.09 versus C$0.06. The recent earnings trend table shows the quarter-by-quarter results.
Analysis
Investors may also look for updates on AQN’s portfolio and capital priorities. On October 30, the company announced it had completed the sale of its roughly 64% stake in Chilean water utility Suralis. The sale brought in about US$126.4 million, with a possible earnout of up to US$1.5 million. AQN expects to use the proceeds to pay down debt and recycle capital into its 2026–2028 plan.
The sale supports AQN’s stated goal of simplifying its portfolio and focusing on core regulated utility businesses. The earnings release and call should help investors understand how that strategy relates to the quarter’s results and capital needs.
The EPS estimate has fallen from C$0.10 to C$0.09 over the past 30 days, with two downward revisions and none upward. The change is small, but it makes the final result and management’s comments worth watching. AQN’s analyst targets and ratings show an average target of C$8.97, compared with a last close of C$7.74. The displayed implied gap is 15.9%. Canadian listings don’t have a formal rating on the page, so its bullish label reflects the average target comparison, not a consensus rating.
Analysis
AQN closed at C$7.74 on November 3. Its shares were above the 50-day moving average of C$7.49 and below the 200-day average of C$8.27. The 52-week range was C$6.93 to C$9.36. These figures show recent trading activity, but they don’t predict how the stock will respond to earnings.
The Wealth Awesome price forecast is a statistical model, not financial advice. It gives a 90-day mean forecast of C$7.53, with a 68% range of C$6.65 to C$8.52 and a 95% range of C$5.87 to C$9.65. These are estimates, and actual market prices can differ.
For Canadian investors, the report is a chance to compare actual EPS and revenue with forecasts, then listen for updates on regulated utilities, debt reduction and capital spending. AQN reported trailing EPS of C$0.33, a P/E of about 23.5 and a dividend yield of 3.31%. None of these figures alone determines whether the shares are a good fit. The earnings release and management’s comments will provide the next update on the business.
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