Brookfield Renewable Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

March 05, 2025

Simply Wall St

Brookfield Renewable (NYSE:BEPC) Full Year 2024 Results

Key Financial Results

Revenue: US$4.57b (flat on FY 2023).
Net income: US$236.0m (up from US$181.0m loss in FY 2023).
Profit margin: 5.2% (up from net loss in FY 2023).
EPS: US$0.63 (up from US$0.48 loss in FY 2023).

revenue-and-expenses-breakdown — NYSE:BEPC Revenue and Expenses Breakdown March 5th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brookfield Renewable EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates.

The primary driver behind last 12 months revenue was the Unallocated Attributable to Non-Controlling Interests segment contributing a total revenue of US$2.60b (57% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$1.26b (49% of total expenses). Explore how BEPC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Renewable Energy industry in the US.

Performance of the American Renewable Energy industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Brookfield Renewable (at least 3 which can't be ignored), and understanding them should be part of your investment process.

Valuation is complex, but we're here to simplify it.

Discover if Brookfield Renewable might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.