Algonquin Power & Utilities (AQN) reported double-digit revenue and adjusted earnings growth in its third quarter of 2021. Revenues & Earnings Revenues for Q3 2021 came in at $528.6 million, an increase of 40% from revenues of $376.5 million reported in Q3 2020. (See Analysts’ Top Stocks on TipRanks) The company reported a net loss attributable to shareholders of $27.9 million ($0.05 per share) in the quarter ended September 30, compared to a profit of $55.9 million ($0.09 per share) a year ago. Adjusted EBITDA increased 27%, from $197.9 million to $252 million. On an adjusted basis, Algonquin earned $97.6 million ($0.
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Algonquin Power (NYSE:AQN)
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