Atlantica Yield (ABY) Misses Q1 EPS Views; Will Not Declare Q4 Dividend

Atlantica Yield (NASDAQ: ABY) reported Q1 EPS of ($0.26), $0.27 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $206.4 million versus the consensus estimate of $200.9 million.

Taking into consideration the uncertainties derived from the current situation of our sponsor, the Board of Directors has decided not to declare a dividend in respect of the fourth quarter of 2015 and to postpone the decision whether to declare a dividend in respect of the first quarter of 2016 until we have obtained greater clarity on cross-default and change of control issues.

For earnings history and earnings-related data on Atlantica Yield (ABY) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• KULR Technology Group (KULR) Misses Q2 EPS by 39c
• Gemini Space Station, Inc. (GEMI) Misses Q2 EPS by 32c