Calpine Corporation (CPN) Tops Q4 EPS by 23c; Reaffirms 2017 Guidance

Calpine Reports Fourth Quarter and Full Year 2016 Results, Reaffirms 2017 Guidance

February 10, 2017 6:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Calpine Corporation (NYSE: CPN):

Summary of 2016 Financial Results (in millions):

      Three Months Ended December 31,     Year Ended December 31, 2016     2015     % Change 2016     2015     % Change   Operating Revenues $ 1,582 $ 1,436 10.2 % $ 6,716 $ 6,472 3.8 % Income from operations $ 234 $ 22

NM  

$ 839 $ 855 (1.9 )% Net Income (Loss)1 $ 24 $ (47 )

NM  

$ 92 $ 235 (60.9 )% Commodity Margin2 $ 547 $ 620... More