Calpine Corporation (CPN) Tops Q3 EPS by 4c
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Calpine Reports Third Quarter Results, Narrows 2016 Guidance and Provides 2017 Guidance; More Than 65% of Market Cap Available for Deployment Over Next Three Years
October 28, 2016 6:01 AM EDTHOUSTON--(BUSINESS WIRE)--
Calpine Corporation (NYSE: CPN):
Summary of Third Quarter 2016 Financial Results (in millions):
 Three Months Ended September 30,   Nine Months Ended September 30, 2016  2015  % Change 2016  2015  % Change  Operating Revenues $ 2,355 $ 1,948 20.9 %
$ 5,134 $ 5,036 1.9Â %
Income from operations $ 462 $ 466 (0.9 )% $ 605 $ 833 (27.4 )% Net Income1 $ 295 $ 273 8.1Â %
$ 68 $ 282 (75.9 )%... More