Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | T.AQN.PR.D | AGQPF

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

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Algonquin Power & Utilities Corp > CPI Numbers Coming Out Thursday Morning Too

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Comment by Quintessential1on Jan 11, 2023 8:37am

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Post# 35215277

RE:RE:CPI Numbers Coming Out Thursday Morning Too

So based on the information at hand and that we know new information is incoming tomorrow, Is it boiunce or trounce day today?

GLTA

AlwaysLong683 wrote:
newcoin wrote: A double dose of big news for this stock. May the Force be with you.

Thursday will reveal the US inflation numbers for December.

Canadian inflation numbers will be released next week (Jan. 17).

Not sure how much of AQN's debt is held by US lenders vs. Canadian, but regardless, AQN shareholders should be hoping for lower-than-expected inflation numbers in both cases.

Not sure what economists are estimating on both sides of the border, but the November numbers were 6.8% (Canada) and 7.1% (USA). However, much like the quarterly earnings of individual stocks, the inflation numbers are usually compared to analysts' estimates instead of what the previous month's numbers were re. market reaction. Don't know what economists are predicting re. the December numbers.