Equity Profile

AQN

Algonquin Power & Utilities Corp.

UtilitiesMulti-Utilities$4.6B

Aug7Fri

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Algonquin Power & Utilities Corp. (AQN) operates in the utilities sector, providing essential services like electricity and water....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for future investments.

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, providing essential services like electricity and water. With a market cap of $5 billion, the company plays a crucial role in supporting sustainable energy initiatives and infrastructure development.

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, AQN reported an EPS of $0.13, beating expectations by 21.5%. However, the stock fell 3.34% the following day, indicating market caution despite the positive earnings surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for AQN are mixed, with some investors hopeful for continued earnings growth while others remain cautious due to recent stock performance.

Bull Case

The optimistic view hinges on AQN's ability to maintain or exceed its EPS growth trajectory, potentially leading to a rebound in stock price.

Bear Case

Conversely, concerns about rising operational costs and regulatory challenges could weigh on earnings, leading to a further decline in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a critical measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is customer growth trending this quarter?

Customer growth is essential for revenue stability, and insights on this could indicate the company's future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating AQN's potential for customer growth, which could drive future revenue more than anticipated.

Supporting Evidence

Recent earnings surprises indicate stronger-than-expected performance.

Options pricing suggests a significant move, indicating heightened investor interest.

Historical trends show that AQN has a solid track record of beating EPS estimates.

Key Risk

If customer growth exceeds expectations, it could significantly alter the market's perception of AQN's future.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether AQN can sustain its earnings growth amid operational challenges.

Bull Confirmed If

Earnings growth of at least 15% year-over-year would confirm the bull case.

Bear Confirmed If

An EPS decline or stagnation would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±42.93%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

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)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AQN beats expectations, history suggests the stock could rise around 9.09%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management is cautious, the stock may react neutrally, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline of about 1.16%, reinforcing bearish sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on customer acquisition strategies and their effectiveness.
2Any changes in regulatory impacts on operations.
3Insights into cost management and operational efficiencies.
4Future guidance on revenue expectations for the next quarter.
5Management's outlook on market conditions and growth opportunities.

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, providing essential services like electricity and water....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is vital for future investments.

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, AQN reported an EPS of $0.13, beating expectations by 21.5%. However, the stock fell 3.34% the following day, indicating market caution despite the positive earnings surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for AQN are mixed, with some investors hopeful for continued earnings growth while others remain cautious due to recent stock performance.

Bull Case

The optimistic view hinges on AQN's ability to maintain or exceed its EPS growth trajectory, potentially leading to a rebound in stock price.

Bear Case

Conversely, concerns about rising operational costs and regulatory challenges could weigh on earnings, leading to a further decline in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a critical measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is customer growth trending this quarter?

Customer growth is essential for revenue stability, and insights on this could indicate the company's future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating AQN's potential for customer growth, which could drive future revenue more than anticipated.

Supporting Evidence

Recent earnings surprises indicate stronger-than-expected performance.

Options pricing suggests a significant move, indicating heightened investor interest.

Historical trends show that AQN has a solid track record of beating EPS estimates.

Key Risk

If customer growth exceeds expectations, it could significantly alter the market's perception of AQN's future.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether AQN can sustain its earnings growth amid operational challenges.

Bull Confirmed If

Earnings growth of at least 15% year-over-year would confirm the bull case.

Bear Confirmed If

An EPS decline or stagnation would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±42.93%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

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)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AQN beats expectations, history suggests the stock could rise around 9.09%, confirming a positive outlook.

In-Line / Cautious

If results are in line but management is cautious, the stock may react neutrally, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline of about 1.16%, reinforcing bearish sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on customer acquisition strategies and their effectiveness.
2Any changes in regulatory impacts on operations.
3Insights into cost management and operational efficiencies.
4Future guidance on revenue expectations for the next quarter.
5Management's outlook on market conditions and growth opportunities.