Picture of Capital Power logo

CPX Capital Power News Story

0.000.00%
ca flag iconLast trade - 00:00
UtilitiesBalancedLarge CapNeutral

Capital Power Corp reports results for the quarter ended December 31 - Earnings Summary

Capital Power Corp CPX.TO reported quarterly adjusted earnings of C$1.75​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 74 cents.  The mean expectation of eight analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 70 cents to C$1.16 per share.

Revenue fell 13.3% to C$853.00 million from a year ago; analysts expected C$910.00 million.

Capital Power Corp's reported EPS for the quarter was C$1.75​.

The company reported quarterly net income of C$240 million.

Capital Power Corp shares had fallen by 18.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 45.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the independent power producers peer group is also "buy"

Wall Street's median 12-month price target for Capital Power Corp is C$68.00

This summary was machine generated from LSEG data February 26 at 02:32 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.861.75Beat
Sep. 30 20240.981.32Beat
Jun. 30 20240.560.51Missed
Mar. 31 20240.701.57Beat

Recent news on Capital Power

See all news