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, focusing on providing clean energy and essential utility services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance. Investors will be looking for growth or stability in earnings.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is crucial for long-term sustainability.

N/A

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 clean energy and essential utility services. As a multi-utility company, it plays a vital role in energy sustainability and infrastructure, which are increasingly important in today's economy.

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 estimates by 21.5%. However, the stock declined by 3.34% the following day, indicating mixed market reactions despite the positive earnings surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for AQN are cautious, given the mixed reactions to past earnings reports. Investors are keen to see if the company can maintain its earnings momentum.

Bull Case

If AQN continues to show strong earnings growth and expands its revenue base, it could attract more investor interest, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet earnings expectations or shows signs of declining revenue, it could lead to further stock declines, especially given the recent downward trends.

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 heavily influence stock performance.

How is revenue growth trending compared to previous quarters?

Understanding revenue trends will help assess the company's ability to sustain growth and attract investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating AQN's potential for revenue growth due to its focus on clean energy initiatives, which could drive higher demand.

Supporting Evidence

The options market is pricing a 33.11% move, suggesting significant volatility that may not align with the company's stable growth prospects.

Historically, AQN has shown a 63% beat rate, indicating a strong potential for positive surprises.

Key Risk

If AQN reports an EPS above $0.15, it could challenge the current cautious sentiment and lead to a re-evaluation of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether AQN can maintain its earnings growth amidst increasing competition and regulatory pressures.

Bull Confirmed If

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

Bear Confirmed If

An EPS below $0.10 would confirm the bear case and raise concerns about the company's financial health.

Pre-Earnings Positioning

Options Market

Implied Move

±33.11%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating heightened uncertainty or anticipation 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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 8 of 30 (27%)

This setup has occurred 30 times across Utilities in the last 2 years. 22 of 30 (73%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 1.5%, with a raw directional average of -0.7% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AQN beats expectations, history suggests a modest positive reaction, potentially confirming the company's growth trajectory.

In-Line / Cautious

An in-line report may lead to a muted response, as investors await more clarity on future growth.

Miss

If AQN misses expectations, history suggests a negative reaction, with the stock likely declining as investors reassess the company's outlook.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on clean energy projects and their expected impact on revenue.
2Management's outlook on regulatory changes affecting the utilities sector.
3Details on customer growth and retention rates.
4Insights into cost management strategies and their effect on margins.
5Any commentary on competitive pressures and how AQN plans to address them.

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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 clean energy and essential utility services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance. Investors will be looking for growth or stability in earnings.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its customer base and increase sales, which is crucial for long-term sustainability.

N/A

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 estimates by 21.5%. However, the stock declined by 3.34% the following day, indicating mixed market reactions despite the positive earnings surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for AQN are cautious, given the mixed reactions to past earnings reports. Investors are keen to see if the company can maintain its earnings momentum.

Bull Case

If AQN continues to show strong earnings growth and expands its revenue base, it could attract more investor interest, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet earnings expectations or shows signs of declining revenue, it could lead to further stock declines, especially given the recent downward trends.

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 heavily influence stock performance.

How is revenue growth trending compared to previous quarters?

Understanding revenue trends will help assess the company's ability to sustain growth and attract investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating AQN's potential for revenue growth due to its focus on clean energy initiatives, which could drive higher demand.

Supporting Evidence

The options market is pricing a 33.11% move, suggesting significant volatility that may not align with the company's stable growth prospects.

Historically, AQN has shown a 63% beat rate, indicating a strong potential for positive surprises.

Key Risk

If AQN reports an EPS above $0.15, it could challenge the current cautious sentiment and lead to a re-evaluation of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether AQN can maintain its earnings growth amidst increasing competition and regulatory pressures.

Bull Confirmed If

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

Bear Confirmed If

An EPS below $0.10 would confirm the bear case and raise concerns about the company's financial health.

Pre-Earnings Positioning

Options Market

Implied Move

±33.11%

Historical Avg

±6.3%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating heightened uncertainty or anticipation 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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Utilities

n=30

Fade rate: 8 of 30 (27%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If AQN beats expectations, history suggests a modest positive reaction, potentially confirming the company's growth trajectory.

In-Line / Cautious

An in-line report may lead to a muted response, as investors await more clarity on future growth.

Miss

If AQN misses expectations, history suggests a negative reaction, with the stock likely declining as investors reassess the company's outlook.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on clean energy projects and their expected impact on revenue.
2Management's outlook on regulatory changes affecting the utilities sector.
3Details on customer growth and retention rates.
4Insights into cost management strategies and their effect on margins.
5Any commentary on competitive pressures and how AQN plans to address them.