Atlantic Power (ATP) Scheduled to Post Earnings on Thursday

Atlantic Power (TSE:ATP) (NYSE:ATP) is scheduled to release its earnings data after the market closes on Thursday, August 1st. Analysts expect Atlantic Power to post earnings of C$0.05 per share for the quarter.

Atlantic Power (TSE:ATP) (NYSE:ATP) last posted its quarterly earnings data on Thursday, May 2nd. The company reported C$0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.03 by C$0.06. The business had revenue of C$97.06 million during the quarter.

TSE ATP opened at C$3.12 on Wednesday. The company has a 50 day simple moving average of C$3.19. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 374.07. Atlantic Power has a one year low of C$2.72 and a one year high of C$4.01. The stock has a market capitalization of $344.44 million and a price-to-earnings ratio of 12.63.

Separately, National Bank Financial lifted their price target on shares of TRANSAT AT from C$8.50 to C$13.00 and gave the stock a “sector perform” rating in a research note on Friday, May 17th.

About Atlantic Power

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2017, its power generation projects had an aggregate gross electric generation capacity of approximately 1,633 megawatts consisting of interests in 18 operational power generation projects across 9 states in the United States and 2 provinces in Canada.

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Earnings History for Atlantic Power (TSE:ATP)

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