Calpine Corp. (CPN) Posts Wider than Expected Q1 Loss; Reaffirms Outlook

Calpine Corp. (NYSE: CPN) reported Q1 loss of $0.61, $0.48 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.27 billion.

Reaffirms outlook.

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