Equity Profile

AQN

Algonquin Power & Utilities Corp.

UtilitiesMulti-Utilities$4.4B

Aug7Fri

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Algonquin Power & Utilities Corp. (AQN) operates in the utilities sector, focusing on providing renewable energy and essential utility services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its operations and increase market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AQN Q2-2026 Earnings Preview

Context

Company Snapshot

Algonquin Power & Utilities Corp. (AQN) operates in the utilities sector, focusing on providing renewable energy and essential utility services. With a market cap of $4 billion, the company plays a significant role in the transition to sustainable energy, which is increasingly important as global demand for clean energy grows.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+16.23%

Avg Stock Reaction

-1.53%

Last Quarter Recap

In Q1-2026, Algonquin reported an EPS of $0.13, beating estimates by 21.5%. However, the stock fell 3.34% the following day, indicating mixed market reactions despite the positive surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the earnings report, given the company's recent EPS beats. However, the lack of analyst estimates and management guidance adds uncertainty.

Bull Case

If Algonquin continues its trend of beating EPS estimates, it could signal strong operational performance and investor confidence, potentially driving the stock higher.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to significant downward pressure on the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

EPS is a critical measure of profitability, and a strong performance could bolster investor confidence.

How is customer growth trending?

Customer growth is essential for future revenue, and any slowdown could raise concerns about the company's growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Algonquin's potential for customer growth, which could significantly impact revenue.

Supporting Evidence

Recent historical performance shows a consistent ability to beat EPS estimates, suggesting stronger operational capabilities than anticipated.

The options market is pricing in a 33.11% move, indicating expectations of volatility that may not align with the company's fundamentals.

Key Risk

If customer growth exceeds expectations, it could lead to a significant upward revision in revenue forecasts.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Algonquin can maintain its recent trend of earnings surprises, which is crucial for investor sentiment.

Bull Confirmed If

An EPS of $0.15 or higher would confirm the bull case and indicate strong operational performance.

Bear Confirmed If

An EPS below $0.10 would support the bear case, suggesting potential issues in profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±33.11%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a substantial move, indicating that traders expect significant volatility around the earnings announcement.

Options are pricing ±33.1% while AQN has averaged ±6.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

19.1%

Calls (2K)P/C Ratio: 0.09Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 7 of 30 (23%)

This setup has occurred 30 times across Utilities in the last 2 years. 23 of 30 (77%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 1.4%, with a raw directional average of -0.6% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Algonquin beats expectations, history suggests the stock could see a modest increase, confirming positive operational trends.

In-Line / Cautious

If results are in line with expectations, the stock may experience limited movement as investors await further guidance.

Miss

A miss could lead to a decline in stock price, with historical patterns indicating an average drop of around 1.16%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Details on operational efficiencies that could impact margins.
3Insights into regulatory changes affecting the utilities sector.
4Management's outlook on renewable energy initiatives and their expected impact on growth.
5Any commentary on capital expenditures and future investment plans.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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More Earnings This Week

5 Reports

BP p.l.c.

Company Snapshot

Algonquin Power & Utilities Corp. (AQN) operates in the utilities sector, focusing on providing renewable energy and essential utility services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its operations and increase market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AQN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+16.23%

Avg Stock Reaction

-1.53%

Last Quarter Recap

In Q1-2026, Algonquin reported an EPS of $0.13, beating estimates by 21.5%. However, the stock fell 3.34% the following day, indicating mixed market reactions despite the positive surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the earnings report, given the company's recent EPS beats. However, the lack of analyst estimates and management guidance adds uncertainty.

Bull Case

If Algonquin continues its trend of beating EPS estimates, it could signal strong operational performance and investor confidence, potentially driving the stock higher.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to significant downward pressure on the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

EPS is a critical measure of profitability, and a strong performance could bolster investor confidence.

How is customer growth trending?

Customer growth is essential for future revenue, and any slowdown could raise concerns about the company's growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Algonquin's potential for customer growth, which could significantly impact revenue.

Supporting Evidence

Recent historical performance shows a consistent ability to beat EPS estimates, suggesting stronger operational capabilities than anticipated.

The options market is pricing in a 33.11% move, indicating expectations of volatility that may not align with the company's fundamentals.

Key Risk

If customer growth exceeds expectations, it could lead to a significant upward revision in revenue forecasts.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Algonquin can maintain its recent trend of earnings surprises, which is crucial for investor sentiment.

Bull Confirmed If

An EPS of $0.15 or higher would confirm the bull case and indicate strong operational performance.

Bear Confirmed If

An EPS below $0.10 would support the bear case, suggesting potential issues in profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±33.11%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a substantial move, indicating that traders expect significant volatility around the earnings announcement.

Options are pricing ±33.1% while AQN has averaged ±6.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

19.1%

Calls (2K)P/C Ratio: 0.09Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 7 of 30 (23%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Algonquin beats expectations, history suggests the stock could see a modest increase, confirming positive operational trends.

In-Line / Cautious

If results are in line with expectations, the stock may experience limited movement as investors await further guidance.

Miss

A miss could lead to a decline in stock price, with historical patterns indicating an average drop of around 1.16%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Details on operational efficiencies that could impact margins.
3Insights into regulatory changes affecting the utilities sector.
4Management's outlook on renewable energy initiatives and their expected impact on growth.
5Any commentary on capital expenditures and future investment plans.