Q: Hi, comments on the quarter?
Thx
Thx
5i Research Answer:
BEP.UN reported normalized funds from operations (FFO) of $0.48 per unit, beating estimates of $0.35 per unit and displaying growth from the year prior at $0.43. Revenues also beat estimates of $1.19B, coming in at $1.32B and displaying growth from last year's total at $1.20B. BEP.UN also announced a 5% increase in its distribution. This looks like a solid quarter from BEP.UN and the company stated that 2023 "was a record year by almost all metrics."