Brookfield renewable partners reports q3 loss per share of $0.17
Brookfield renewable announces third quarter results, unit split and creation of an exchange corporation.q3 loss per share $0.17.q3 earnings per share estimate $0.02 -- refinitiv ibes data.announced intention to create a canadian corporation.qtrly revenues $642 million versus $674 million.new entity will be publicly listed on same exchanges as current partnership.current unitholders are expected to receive one bepc class a share for every four bep units held.brookfield renewable partners - ffo growth of 27% leading to $133 million of ffo for three months ended sept. 30, 2019, or $0.43 per unit.intends to distribute to existing unitholders class a shares of new corporation, brookfield renewable corporation.intends to distribute to existing unitholders class a shares of new corporation, brookfield renewable corporation.holders of brookfield renewable's preferred limited partnership units will not receive class a shares..brookfield asset management is expected to hold approximately 60% of bepc class a shares.class a and class b shares will control 25% & 75%, respectively, of aggregate voting rights of shares of bepc.bepc intends to apply to list its class a shares in united states on nyse and in canada on tsx.brookfield renewable partners - deal won't result in change to cash flows/ net asset value except for number of share outstanding adjustment.q4 earnings per share view $0.09, revenue view $738.9 million -- refinitiv ibes data.
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