Sign in

You're signed outSign in or to get full access.

ALGONQUIN POWER & UTILITIES (AQN)

--

Recent press releases and 8-K filings for AQN.

Algonquin Power & Utilities Corp. Reports Strong Q3 2025 Financial Results and Announces New CFO
AQN
Earnings
CFO Change
Guidance Update
  • Algonquin Power & Utilities Corp. reported strong Q3 2025 financial results, with adjusted net earnings from continuing operations increasing 10% year-over-year to $71.7 million and adjusted net earnings per share rising 13% to $0.09. The company's 2025 financial outlook remains unchanged.
  • Robert Stefani will join Algonquin as the new Chief Financial Officer effective January 5, 2026.
  • The company is focused on its pure-play regulated utility strategy and is actively managing several rate cases, including the approved Energy North settlement and pending Cal Pico settlement.
  • Operating expenses positively impacted the quarter, but a reversal of timing is anticipated in Q4. Restructuring costs for Q3 2025 were $9.6 million, bringing the year-to-date total to $22 million, with management indicating this is an "early innings" and potentially multi-year process.
Nov 7, 2025, 3:00 PM
AQN Announces Q3 2025 Results and New CFO
AQN
Earnings
CFO Change
Guidance Update
  • Algonquin Power & Utilities Corp. announced that Robert Stefani will join as Chief Financial Officer, effective January 5, 2026.
  • For Q3 2025, adjusted net earnings from continuing operations increased 10% year-over-year to $71.7 million, and adjusted net earnings per share rose 13% to $0.09.
  • The company's 2025 financial outlook remains unchanged.
  • Regulatory progress includes the approval of the Energy North rate case settlement, with other rate cases pending or in progress, representing a combined total of $326.4 million in pending rate requests.
  • The company is focused on a pure-play regulated utility strategy and continues cost-cutting measures, reporting $9.6 million in restructuring costs for Q3 2025.
Nov 7, 2025, 3:00 PM
Algonquin Power & Utilities Corp. Reports Strong Q3 2025 Results and Announces New CFO
AQN
Earnings
CFO Change
Guidance Update
  • Algonquin Power & Utilities Corp. reported strong Q3 2025 financial results, with adjusted net earnings from continuing operations increasing 10% to $71.7 million and adjusted net earnings per share rising 13% to $0.09 year-over-year. The 2025 financial outlook remains unchanged.
  • Robert Stefani will join as the new Chief Financial Officer effective January 5, 2026.
  • The company is actively engaged in several regulatory proceedings, including an approved Energy North rate case settlement, a pending Cal Pico settlement, and ongoing work on an Empire Electric settlement. Combined rate requests for the New England natural gas and Litchfield Park cases total $73.6 million out of $326.4 million in total pending rate requests.
  • Cost-cutting measures contributed positively to the quarter, with Q3 restructuring costs at $9.6 million and year-to-date at $22 million. Management expects some reversal of operating expense timing in Q4, noting that restructuring efforts are in their "early innings".
Nov 7, 2025, 3:00 PM
Algonquin Power & Utilities Corp. Reports Q3 2025 Financial Results and Announces CFO Appointment
AQN
Earnings
CFO Change
M&A
  • Algonquin Power & Utilities Corp. (AQN) reported Adjusted Net Earnings of $71.7 million for the third quarter ended September 30, 2025, an increase of 10% compared to the same period in 2024, with Adjusted Net Earnings per common share of $0.09.
  • The company announced the appointment of Robert Stefani as Chief Financial Officer, effective January 5, 2026.
  • The Regulated Services Group's net earnings increased by 61% for the three months ended September 30, 2025, driven by the implementation of approved rates, favorable weather, and lower operating expenses.
  • The completion of the renewables business sale on January 8, 2025, for approximately $2.1 billion in proceeds, along with the sale of Atlantica in Q4 2024, contributed to reductions in interest expenses through debt repayment.
Nov 7, 2025, 12:14 PM
Algonquin Power & Utilities Reports Strong Q3 Adjusted EPS, Maintains Dividend
AQN
Earnings
Dividends
CFO Change
  • Algonquin Power & Utilities Corp. reported strong third-quarter financial results with adjusted earnings per share of $0.09, surpassing analysts' expectations, and revenue of $582.7 million, which slightly missed estimates.
  • The company has maintained its quarterly dividend at $0.065 per share, providing a forward yield of approximately 4.55%, with the next payment scheduled for January 15, 2026.
  • Despite a year-to-date stock gain of about 28.5%, Algonquin faces profitability challenges, including a negative net margin and an Altman Z-Score signaling financial distress risk, leading to investor caution regarding dividend security.
  • Algonquin is strategically focusing on its regulated utilities business following the divestment of its renewable-energy segment in January 2025, and recently appointed Robert Stefani as its new CFO.
Nov 7, 2025, 7:18 AM