Atlantic Power Co. (ATP) Expected to Earn Q3 2016 Earnings of ($0.01) Per Share
Atlantic Power Co. (TSE:ATP) – Analysts at National Bank Financial boosted their Q3 2016 earnings per share (EPS) estimates for shares of Atlantic Power in a research report issued on Wednesday. National Bank Financial analyst R. Merer now forecasts that the firm will post earnings of ($0.01) per share for the quarter, up from their previous estimate of ($0.17).
Separately, TD Securities reissued a “hold” rating and issued a C$2.75 target price on shares of Atlantic Power in a report on Wednesday, August 10th.
Atlantic Power (TSE:ATP) opened at 3.19 on Monday. The stock’s 50 day moving average price is $3.29 and its 200 day moving average price is $3.20. Atlantic Power has a one year low of $2.19 and a one year high of $3.49. The stock’s market cap is $384.42 million.
About Atlantic Power
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate.
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