Atlantic Power Corp. (AT) Scheduled to Post Quarterly Earnings on Monday
Atlantic Power Corp. (NYSE:AT) is scheduled to be issuing its Q413 quarterly earnings data on Monday, May 12th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $150.90 million for the quarter.
Atlantic Power Corp. (NYSE:AT) last issued its quarterly earnings data on Friday, February 28th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.30) by $0.20. On average, analysts expect Atlantic Power Corp. to post $-0.76 EPS for the current fiscal year and $-0.63 EPS for the next fiscal year.
Shares of Atlantic Power Corp. (NYSE:AT) opened at 3.25 on Friday. Atlantic Power Corp. has a 1-year low of $2.11 and a 1-year high of $5.57. The stock’s 50-day moving average is $3.02 and its 200-day moving average is $3.25. The company’s market cap is $390.9 million.
The company also recently announced a apr 14 dividend, which is scheduled for Friday, May 30th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.0333 per share. This represents a dividend yield of 11.88%. The ex-dividend date is Monday, April 28th.
On a related note, analysts at Scotiabank reiterated a “sector underperform” rating on shares of Atlantic Power Corp. in a research note on Tuesday. They now have a C$2.00 price target on the stock. Five investment analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. Atlantic Power Corp. currently has an average rating of “Sell” and a consensus target price of $3.10.
Atlantic Power Corporation (NYSE:AT) owns and operates a fleet of power generation and infrastructure assets in the United States and Canada.
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