Brookfield Renewable Partners (NYSE:BEP) Releases Earnings Results, Misses Estimates By $0.02 EPS

Posted by Brian Himes on Aug 1st, 2026

Brookfield Renewable Partners (NYSE:BEP – Get Free Report) (TSE:BEP) announced its quarterly earnings data on Friday. The utilities provider reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.02), Zacks reports. Brookfield Renewable Partners had a return on equity of 1.57% and a net margin of 8.28%.The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.56 billion.

Here are the key takeaways from Brookfield Renewable Partners’ conference call:

Record second-quarter results: FFO rose 13% year over year to $421 million, or $0.62 per unit, supported by strong operating performance, newly commissioned assets and capital recycling.
Brookfield Renewable commissioned 1.3 GW of capacity, signed PPAs covering 2.6 GW, and deployed or committed $5 billion toward growth investments, while asset sales generated approximately $2.2 billion of proceeds at or above target returns.
The acquisition of Aypa for $3 billion will double operating and under-construction battery capacity to roughly 6 GW and expand the development pipeline to more than 80 GW; management expects the deal to be immediately accretive.
Westinghouse FFO increased more than 60% excluding a prior-year licensing fee, and the company received U.S. Department of Energy support for up to $17.5 billion in loan facilities tied to the potential deployment of up to 10 AP1000 reactors.
Brookfield plans to combine BEP and BEPC into a single listed corporation, subject to approvals, with management expecting improved liquidity, broader investor access and simpler tax reporting without changes to dividends or Brookfield’s ownership and management arrangements.

Brookfield Renewable Partners Stock Up 0.7%

Shares of BEP opened at $32.89 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. Brookfield Renewable Partners has a 12 month low of $24.13 and a 12 month high of $38.12. The stock’s 50 day moving average is $34.33 and its two-hundred day moving average is $32.70. The firm has a market cap of $9.87 billion, a P/E ratio of -106.09 and a beta of 1.10.

Brookfield Renewable Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, August 31st will be given a dividend of $0.392 per share. The ex-dividend date is Monday, August 31st. This represents a $1.57 dividend on an annualized basis and a yield of 4.8%. Brookfield Renewable Partners’s dividend payout ratio is currently -506.45%.

Institutional Investors Weigh In On Brookfield Renewable Partners

A number of institutional investors have recently added to or reduced their stakes in BEP. Kelleher Financial Advisors acquired a new position in Brookfield Renewable Partners during the third quarter worth $26,000. Russell Investments Group Ltd. acquired a new stake in Brookfield Renewable Partners in the 2nd quarter worth about $34,000. Triumph Capital Management purchased a new stake in Brookfield Renewable Partners during the 3rd quarter worth approximately $55,000. UMB Bank n.a. purchased a new position in shares of Brookfield Renewable Partners in the fourth quarter valued at approximately $98,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Brookfield Renewable Partners by 57.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,835 shares of the utilities provider’s stock worth $103,000 after purchasing an additional 1,403 shares in the last quarter. Institutional investors and hedge funds own 63.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BEP. National Bank Financial raised their price target on shares of Brookfield Renewable Partners from $36.00 to $39.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Zacks Research cut shares of Brookfield Renewable Partners from a “hold” rating to a “strong sell” rating in a report on Friday, July 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $36.00 price target on shares of Brookfield Renewable Partners in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $41.00 price target on shares of Brookfield Renewable Partners in a research report on Friday, July 17th. Finally, Wall Street Zen lowered Brookfield Renewable Partners from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 10th. Ten investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $37.93.

Check Out Our Latest Analysis on Brookfield Renewable Partners

About Brookfield Renewable Partners

(Get Free Report)

Brookfield Renewable Partners L.P. is a leading global owner, operator and developer of renewable power assets. Listed on the New York Stock Exchange under the ticker BEP, the partnership focuses on generating clean electricity from a diversified mix of hydroelectric, wind, solar and energy storage facilities. As part of the Brookfield Asset Management group, Brookfield Renewable leverages a long-term, asset-backed approach to investing in sustainable energy projects that support the transition to a low-carbon economy.

The company’s platform encompasses approximately 23,000 megawatts of installed capacity across four continents.