Atlantic Power Corporation Releases Third Quarter 2019 Results
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Atlantic Power (AT) Tops Q3 EPS by 12c, Revenues Miss
October 31, 2019 5:14 PM EDTAtlantic Power (NYSE: AT) reported Q3 EPS of $0.10, $0.12 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $71.1 million versus the consensus estimate of $83.3 million.
Third Quarter 2019 Financial Highlights
Net income attributable to Atlantic Power increased to $12.6 million or $0.10 per diluted share from a net loss of $3.2 million or ($0.03) per diluted share in Q3 2018Project income increased to $27.9 million from $26.2 million in Q3 2018Cash from operating activities increased to $36.4 million from $19.5 million in Q3 2018Project Adjusted EBITDA increased to $48.9 million from $45.4 million in Q3 2018Repaid... More