trending Market Intelligence /marketintelligence/en/news-insights/trending/eLp-_XM1Aw-6vwvCLU216w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Algonquin Power records 18% YOY increase in adjusted EBITDA

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Algonquin Power records 18% YOY increase in adjusted EBITDA

Algonquin Power & Utilities Corp. on Aug. 8 reported second-quarter 2019 adjusted EBITDA of $189.8 million, an 18% increase from $160.8 million in the prior-year period.

The S&P Global Market Intelligence consensus adjusted EBITDA estimate was $183.4 million.

Adjusted net earnings for the quarter totaled $55 million, or 11 cents per share, compared with $50.9 million, or 11 cents per share, in the same period of 2018. Adjusted funds from operations improved year over year to $128.3 million from $113.9 million.

On a GAAP basis, the company reported net earnings attributable to shareholders of $156.6 million, or 31 cents per share, compared to $65.5 million, or 14 cents per share, for the 2018 second quarter.

Revenue came in at $343.6 million in the most recent quarter, a drop from $366.1 million a year earlier.