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Brookfield Renewable Corporation (BEPC) shares rose by 6.1% to $43.39 in the last trading session, supported by an impressive trading volume. The company’s stock has increased by 17.6% over the past month.
BEPC announced a partnership leveraging Westinghouse Nuclear Reactor Technology, with plans to build at least $80 billion in new reactors across the United States. This move expands its market presence and indicates potential earnings growth, contributing to the recent increase in stock price.
For its upcoming quarterly report, BEPC is expected to post a loss of $0.01 per share, reflecting a year-over-year improvement of 96.9%. Projected revenues stand at $1.16 billion, down 21% from the previous year.
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