Pattern Energy Group (PEGI) Scheduled to Post Earnings on Friday
Pattern Energy Group (NASDAQ:PEGI) will be releasing its Q114 earnings data on Friday, May 2nd. Analysts expect Pattern Energy Group to post earnings of $0.96 per share and revenue of $3.21 billion for the quarter.
Pattern Energy Group (NASDAQ:PEGI) last announced its earnings results on Friday, February 28th. The company reported ($0.17) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.19) by $0.02. The company had revenue of $41.77 million for the quarter, compared to the consensus estimate of $53.96 million. On average, analysts expect Pattern Energy Group to post $0.57 EPS for the current fiscal year and $0.94 EPS for the next fiscal year.
Pattern Energy Group (NASDAQ:PEGI) opened at 26.80 on Thursday. Pattern Energy Group has a 52 week low of $22.26 and a 52 week high of $31.79. The stock has a 50-day moving average of $27.55 and a 200-day moving average of $26.82. The company’s market cap is $952.7 million.
On a related note, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Pattern Energy Group in a research note on Monday, March 3rd. They now have a $31.00 price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $30.88.
Pattern Energy Group Inc is an independent power company focused on owning and operating power projects.
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