Algonquin Q2 FY26 net earnings drop to U.S. $4.9 million; adjusted net earnings fall to U.S. $29.2 million

Reuters2026/08/07 10:34

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Algonquin Power & Utilities posted Q2 net earnings attributable to common shareholders of U.S. $4.9 million, down 66.89% year over year.
Basic and diluted EPS slipped to U.S. $0.01 from U.S. $0.02 a year earlier; non-GAAP adjusted net earnings per share held at U.S. $0.04.
Six-month net earnings attributable to common shareholders fell 18.22% to U.S. $88 million; EPS eased to U.S. $0.11 from U.S. $0.14.
Regulated Services Group net earnings dropped 31.66% to U.S. $30 million on a U.S. $17.2 million one-time write-off tied to CalPeco’s WEMA proceeding.
Plans to redomicile to the U.S., targeting Delaware continuation in 2027, while keeping Oakville presence and setting headquarters in Chicago.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algonquin Power & Utilities Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608070630BIZWIRE_USPR_____20260807_BW246688) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Algonquin Q2 FY26 net earnings drop to U.S. $4.9 million; adjusted net earnings fall to U.S. $29.2 million

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