Capital Power Corp reports results for the quarter ended June 30 - Earnings Summary
Capital Power Corp reports results for the quarter ended June 30 - Earnings Summary
Capital Power Corp CPX.TO reported a quarterly adjusted loss of 27 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -92 cents. The mean expectation of eight analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from -34 cents to 56 cents per share.
Revenue rose 61.9% to C$714.00 million from a year ago.
Capital Power Corp's reported EPS for the quarter was a loss of 33 cents.
The company reported a quarterly loss of C$44 million.
Capital Power Corp shares had fallen by 7.8% this quarter and gained 16.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 39.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "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$80.00, about 14.8% above its last closing price of C$68.17
This summary was machine generated from LSEG data July 29 at 05:28 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.24 | -0.27 | Missed |
Mar. 31 2026 | 0.55 | 0.04 | Missed |
Dec. 31 2025 | 0.73 | -0.12 | Missed |
Sep. 30 2025 | 1.00 | 0.94 | Missed |
Recent news on Capital Power
See all newsCanada Research Roundup: Capital Power, Gildan Activewear, Lundin Mining
Canada's Capital Power Q3 revenue falls on derivative losses
Brief: Capital Power Corp Q3 Adjusted FFO CAD 306 Million
Capital Power Corp expected to post earnings of 91 cents a share - Earnings Preview
Canada Research Roundup: Canadian Net, DRI Healthcare Trust, Eldorado Gold Corporation