Capital Power Corp expected to post earnings of C$1.36 a share - Earnings Preview

Capital Power

30/10/2023 18:32

* Capital Power Corp  CPX.TO   is expected to show a fall in
quarterly revenue when it reports  results on November 1. 
    * The Edmonton Alberta-based  company is expected to report 
a
11.7% decrease in revenue to C$694 million from C$786 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Capital Power Corp
is for
earnings of C$1.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Capital
Power
Corp is C$48​, above​ its last closing price of C$35.20. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.03        1.00       0.94      Missed  -6.1
 Mar. 31 2023  1.30        1.20       3.96      Beat    230.1
 Dec. 31 2022  0.83        0.79       0.70      Missed  -10.9​
 Sep. 30 2022  1.00        0.95       1.25      Beat    31.7
 ​​Jun.        0.57        0.53       0.76      Beat    44.1
 30 2022                                                
 Mar. 31 2022  0.73        0.74       0.93      Beat    26.4​
 Dec. 31 2021  0.62        0.62       0.47      Missed  -24.7
 Sep. 30 2021  0.79        0.79       0.55      Missed  -30.6
 This summary was machine generated October 30 at 18:31 GMT.  All
figures in Canadian dollars  unless otherwise stated