Atlantic Power (AT) Tops Q4 EPS by 2c

Atlantic Power (NYSE: AT) reported Q4 EPS of ($0.06), $0.02 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $93.4 million, versus $98.4 million reported last year.

• Cash provided by operating activities of $19.9 million vs. $19.7 million
• Net loss of $(6.6) million vs. $(88.6) million; 2015 included a $127.8 million impairment charge
• Project income of $13.3 million vs. project loss of $(104.3) million, including impairment charges
• Project Adjusted EBITDA of $42.3 million vs. $50.4 million; decline was attributable to lower water flows at Curtis Palmer, lower waste heat, and a scheduled maintenance outage at Oxnard

For earnings history and earnings-related data on Atlantic Power (AT) click here.

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