Calpine Corporation (CPN) Reports 1Q Op. Revenues Above Estimates

Calpine Corporation (NYSE: CPN) reported Q1 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $1.44 billion.

• 1Q adj. loss $114m
• 1Q adj. Ebitda $326m, est. $327.5m (range $303m-$343m)
• 1Q adj. free cash flow +$43m
• Reaffirms 2017 Guidance
• Calpine: Cancellation of TX Plant, Replaces With 10-Year Supply
• 1Q adj. Loss About 32c, est. Loss 10c

For earnings history and earnings-related data on Calpine Corporation (CPN) click here.

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