The earnings call highlighted strong financial performance with significant revenue and earnings growth, effective cost management, and successful integration of acquired assets. However, there were challenges with production declines in Nicaragua and increased financing activities due to debt repayment. The growth in renewable energy projects suggests positive future prospects.

Company Guidance

During the second quarter of 2025, Polaris Renewable Energy Inc. reported consolidated power production of 215,797 megawatt hours, an increase from 186,886 megawatt hours in the same period in 2024. Revenue for the quarter was $21.6 million, up from $18.7 million the previous year, and adjusted EBITDA reached $15.4 million compared to $13.3 million last year. Net earnings rose to $2.2 million from $985,000 in Q2 2024. The company highlighted a full quarter of production from the newly acquired Punta Lima Wind Project in Puerto Rico, which produced 17,814 megawatt hours, exceeding expectations. Polaris also announced a quarterly dividend of $0.15 per share to be paid on August 22, 2025. The company expects continued growth with the ASAP battery project in Puerto Rico and anticipates the possibility of a mid-2026 commercial operation date for the project. Management reiterated their focus on diversification and strategic brownfield developments to enhance shareholder value.

Increased Power Generation

Consolidated power production for the quarter was 215,797 megawatt hours, up from 186,886 megawatt hours for the same period in 2024.

Revenue Growth

Revenue increased to $21.6 million during the quarter, compared to $18.7 million in the same period in 2024.

Improved Adjusted EBITDA

Adjusted EBITDA for the quarter was $15.4 million, compared to $13.3 million in the previous year.

Net Earnings Growth

Net earnings for the quarter grew to $2.2 million from $985,000 in Q2 2024.

Successful Acquisition Integration

Punta Lima Wind Project in Puerto Rico produced 17,814 megawatt hours, exceeding management's expectations.

Efficient Cost Management

Operational costs and G&A for the company decreased year-over-year, despite the full quarter inclusion of Punta Lima.

Promising Project Pipeline

Active development in Puerto Rico and Dominican Republic, with promising prospects for storage projects and brownfield developments.

Polaris Infrastructure (TSE:PIF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:PIF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.11 / -	0.028	―	―	―
Jul 31, 2025	2025 (Q2)	0.22 / 0.14	0.069	100.00% (+0.07)	―	―
May 01, 2025	2025 (Q1)	-0.07 / -0.65	0.29	-323.81% (-0.94)	―	―
Feb 20, 2025	2024 (Q4)	0.10 / -0.19	0.097	-300.00% (-0.29)	―	―
Oct 31, 2024	2024 (Q3)	0.08 / 0.03	0.069	-60.00% (-0.04)	―	―
Aug 01, 2024	2024 (Q2)	0.10 / 0.07	0.304	-77.27% (-0.23)	―	―
May 02, 2024	2024 (Q1)	0.16 / 0.29	0.304	-4.55% (-0.01)	―	―
Feb 22, 2024	2023 (Q4)	0.13 / 0.10	0.193	-50.00% (-0.10)	―	―
Nov 02, 2023	2023 (Q3)	0.10 / 0.07	-0.097	171.43% (+0.17)	―	―
Aug 03, 2023	2023 (Q2)	0.25 / 0.30	-0.11	375.00% (+0.41)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:PIF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	C$11.95	C$12.24	+2.43%
May 01, 2025	C$11.57	C$11.16	-3.54%
Feb 20, 2025	C$11.99	C$11.62	-3.09%
Oct 31, 2024	C$11.52	C$11.21	-2.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Polaris Infras J (TSE:PIF) report earnings?

Polaris Infras J (TSE:PIF) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is Polaris Infras J (TSE:PIF) earnings time?

Polaris Infras J (TSE:PIF) earnings time is at Oct 30, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:PIF EPS forecast?

TSE:PIF EPS forecast for the fiscal quarter 2025 (Q3) is 0.11.

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