Calpine Reports Third Quarter Results, Narrows 2015 Guidance and Provides 2016 Guidance

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UBS Cuts Price Target on Calpine Corporation (CPN) Following 3Q Earnings and Conference Call

November 2, 2015 10:08 AM EST

UBS maintained a Buy rating on Calpine Corporation (NYSE: CPN), and cut the price target to $19.00 (from $21.00), following the company's 3Q earnings result and conference call. Management remains quite bullish on the ERCOT market, with the MATS regulations set to take... More

Deutsche Bank Downgrades Calpine Corporation (CPN) to Hold

November 2, 2015 6:56 AM EST

Deutsche Bank downgraded Calpine Corporation (NYSE: CPN) from Buy to Hold with a price target of $20.00 (from $25.00). Analyst Jonathan Arnold sees limited catalysts.

"We are downgrading to Hold as 2016 appears a larger headwind than we anticipated and arguing for a premium at... More

Calpine (CPN) Tops Q3 EPS by 14c

October 30, 2015 6:08 AM EDT

Calpine (NYSE: CPN) reported Q3 EPS of $0.76, $0.14 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.69 billion.

Narrowing 2015 and Providing 2016 Full Year Guidance (in millions, except per share... More