Atlantic Power (NYSE: AT ) is expected to report Q4 earnings on Feb. 28. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Atlantic Power's revenues will grow 24.9% and EPS will shrink to a loss.
The average estimate for revenue is $156.9 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Atlantic Power booked revenue of $154.5 million. GAAP reported sales were much higher than the prior-year quarter's $44.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.07. GAAP EPS were -$0.06 for Q3 versus -$0.40 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 38.9%, 980 basis points worse than the prior-year quarter. Operating margin was 21.2%, 2,560 basis points better than the prior-year quarter. Net margin was -4.8%, 5,760 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $633.1 million. The average EPS estimate is -$0.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 96 members out of 105 rating the stock outperform, and nine members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Atlantic Power a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atlantic Power is hold, with an average price target of $14.50.
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