Brookfield Renewable Partners is expected to report a loss per unit for the September quarter, even as revenue grows. The results will show whether its recent EPS beats continue—and how much investors should read into that headline number.
Brookfield Renewable Partners L.P. (BEP-UN.TO) is scheduled to report before markets open on November 4, 2026, for the quarter ended September 30. Analysts expect EPS of -US$0.51 and revenue of US$1.67 billion, up 4.6% from a year earlier. The EPS estimate has edged down from -US$0.50 over the past 30 days. Five analysts contribute to the EPS consensus, while two contribute to the revenue estimate.
Recent earnings trend
Brookfield Renewable Partners L.P
BEP-UN.TO
BEP-UN.TO
Brookfield Renewable Partners L.P
WealthAwesomeMarket cap
$19.47B
Div. yield
3.77%
Div. / share
$1.53
52W high
$52.21
52W low
$35.37
1W change
+0.33%
Beta
0.98
Analyst Price Targets
Based on analyst covering BEP-UN · as of Nov 2, 2026
Wall Street analysts forecast BEP-UN stock price to rise 14.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$45.66
+14.1% Upside
Previously C$45.52 on Oct 30, 2026
Current Price
C$40.02
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BEP-UN's historical volatility
30-Day Vol
29.8%
Annualized
90-Day Vol
27.7%
Annualized
Trend (90d)
-32.2%
Annualized drift
90d Mean
C$37.36
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$40.33 | C$36.39 – C$44.71 |
| 60 trading days | C$38.82 | C$33.56 – C$44.90 |
| 90 trading days | C$37.36 | C$31.26 – C$44.65 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | — | -0.5100 | — |
| 2026-06-30 | 2026-07-31 | -0.3700 | -0.4000 | +7.5% |
| 2026-03-31 | 2026-05-01 | -0.4000 | -0.4400 | +9.1% |
| 2025-12-31 | 2026-01-30 | 0.5400 | -0.3800 | +242.1% |
| 2025-09-30 | 2025-11-05 | -0.2300 | -0.0900 | -155.6% |
| 2025-06-30 | 2025-08-01 | -0.2200 | -0.4800 | +54.2% |
The partnership has beaten EPS estimates in three of its last four reported quarters, but results have varied, ranging from -US$0.40 to US$0.54. That record makes the upcoming comparison worth watching, though one quarter’s EPS is only part of the picture. Revenue and the broader operating context matter too.
Investor takeaway: The September-quarter report will test earnings expectations and revenue growth. It won’t settle the long-term outlook for Brookfield Renewable’s power business. Analysts expect negative EPS, and the year-ago result was also negative. Consider the reported results alongside revenue and the partnership’s longer-term fundamentals rather than treating an EPS surprise as decisive. BEP-UN.TO also has a reported dividend yield of 3.77%, but that does not guarantee future distributions or total returns.
US$1.67 billion
That’s the consensus revenue estimate for the September quarter, based on two analysts. They expect revenue to grow 4.6% year over year. The EPS consensus is -US$0.51, based on five analysts, slightly below the -US$0.50 estimate from 30 days ago. These estimates are reference points, not company guidance.
Bull case
BEP-UN.TO has beaten EPS estimates in three of its last four comparable quarters, and analysts expect revenue to rise 4.6% year over year to US$1.67 billion. If revenue meets that outlook and EPS comes in above the -US$0.51 consensus, it would extend the recent pattern of estimates proving conservative.
The report also comes as the partnership works on a proposed corporate simplification. Brookfield Renewable expects the plan to be tax-deferred for Canadian and U.S. investors and to have no meaningful cost to the business. Those are the company’s expectations; the transaction is not complete.
Bear case
The consensus EPS estimate has slipped slightly over the past month, and analysts still expect a loss per unit. Results have not always beaten expectations. For the quarter ended September 30, 2025, actual EPS was -US$0.23, below the -US$0.09 estimate.
BEP-UN.TO’s last close of C$40.02 was below its 50-day moving average of C$41.82 and its 200-day average of C$44.51. These figures describe recent share-price trends, not the next earnings result.
The proposed simplification also needs enough unitholder support. The meeting has been rescheduled to November 30 because the partnership said it needed more votes to reach the approval threshold.
Analysis
Brookfield Renewable Partners is due to report before markets open on November 4 for the fiscal quarter ended September 30. Analysts expect EPS of -US$0.51, with estimates ranging from -US$0.68 to -US$0.42. The revenue consensus is US$1.67 billion, based on two analysts, implying 4.6% growth from a year earlier.
The EPS estimate has changed little, moving from -US$0.50 30 days ago to -US$0.51 now. No upward or downward revisions were recorded during that period. The report will show whether revenue meets expectations and how EPS compares with the current estimate. The year-ago EPS was -US$0.23, so the consensus points to a weaker year-over-year comparison. The earnings trend table and chart below show quarterly results against estimates.
Analysis
BEP-UN.TO has beaten EPS estimates in three of its last four reported quarters. In June 2026, actual EPS was -US$0.37 versus an estimate of -US$0.40. In March, it was -US$0.40 versus -US$0.44. For December 2025, EPS was US$0.54 against an estimate of -US$0.38. In September 2025, it was -US$0.23 versus -US$0.09.
The beat count is only one part of the story. EPS has been uneven, and analysts still expect a loss this quarter. In an October 28 announcement, Brookfield Renewable said it had postponed the vote on its proposed corporate simplification to November 30 because it needed more participation to meet the approval requirement: holders of at least two-thirds of all outstanding units must approve the plan. The company said 99.7% of votes cast by October 27 were in favour. But votes cast are not the same as the required share of all outstanding units.
Analysis
Analyst-target data suggests a moderately positive outlook based on the average target compared with the last close. A formal rating is not available for Canadian listings. The average target is C$45.66, 14.1% above the last close of C$40.02. Analyst targets are estimates, not guarantees. See the BEP-UN.TO analyst section for details.
Analysis
Wealth Awesome’s statistical 90-day price model gives a mean forecast of C$37.36. Its 68% range is C$31.26 to C$44.65, and its 95% range is C$26.16 to C$53.36. The model lists a current value of C$41.91 as of November 2, 2026, and an annualized drift of -32.2%. Its mean forecasts for 30, 60 and 90 days are C$40.33, C$38.82 and C$37.36, respectively.
This is a statistical model, not financial advice or a prediction of how the stock will react to earnings. See the BEP-UN.TO price forecast and BEP-UN.TO stock page for more context.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
