Algonquin Power (AQN) Bets Big on a US Move While Earnings Slip

On August 7, Algonquin Power & Utilities (NYSE:AQN) held its second-quarter earnings call, and the story split cleanly in two. Management touted regulatory wins and a headline-grabbing plan to redomicile to the US, even as profits fell short of last year's numbers. Bull Case: Regulatory Momentum Builds Algonquin's case for progress rests on a string of state-level outcomes. On July 15, the Missouri Public Service Commission approved $97 million in annualized revenue adjustments, effective August 3, aft ...

Algonquin Power (AQN) Bets Big on a US Move While Earnings Slip - Reportify