AltaGas Q4 Normalized FFO increases, but revenue declines

From NASDAQ.: 2025-03-07 06:42:55

AltaGas Ltd. reported fourth-quarter financial results with normalized funds from operations of C$397 million, up from C$376 million last year. Net income for the quarter was C$203 million or C$0.68 a share, compared to C$113 million or C$0.40 a share in the previous year. Normalized income was C$227 million or C$0.76 a share, higher than C$214 million or C$0.75 a share in the prior year. Revenue declined to C$3.259 billion from C$3.288 billion last year. Analysts had estimated earnings of C$0.71 a share. On Thursday, AltaGas’s stock closed at C$36.05, down 1.04 percent on the Toronto Stock Exchange.



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