Brookfield Renewable Corp reports results for the quarter ended September 30 - Earnings Summary

Brookfield Renewable Corp reported a quarterly adjusted loss of 23 cents per share for the quarter ended September 30, an improvement from a loss of 32 cents in the same quarter last year. Revenue increased by 8.6% to $1.60 billion, surpassing analyst expectations of $1.58 billion. The company incurred a total loss of $120 million. Analysts maintain a "buy" rating on the stock, with a median 12-month price target of $39.00, which is about 10% below its last closing price of $42.91.