FY2017 EPS Estimates for Capital Power Corp (CPX) Reduced by Analyst

Capital Power Corp (TSE:CPX) – Equities research analysts at National Bank Financial dropped their FY2017 earnings per share estimates for shares of Capital Power Corp in a research note issued on Wednesday. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $1.24 per share for the year, down from their previous forecast of $1.39. National Bank Financial has a “Outperform” rating and a $33.00 price objective on the stock.

Separately, TD Securities boosted their price objective on Capital Power Corp from C$26.00 to C$28.00 and gave the stock a “hold” rating in a report on Thursday, July 27th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$27.31.

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Shares of Capital Power Corp (TSE:CPX) opened at 24.26 on Friday. Capital Power Corp has a 12 month low of $19.90 and a 12 month high of $26.51. The company has a market cap of $2.53 billion and a P/E ratio of 10.48. The firm has a 50 day moving average price of $25.27 and a 200-day moving average price of $25.09.

Capital Power Corp (TSE:CPX) last announced its quarterly earnings data on Wednesday, July 26th. The company reported C$0.27 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.28 by C($0.01). Capital Power Corp had a return on equity of 13.72% and a net margin of 53.23%. The firm had revenue of C$201.00 million during the quarter, compared to the consensus estimate of C$244.84 million.

About Capital Power Corp

Capital Power Corporation is a North American power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, New Mexico and Kansas.

Earnings History and Estimates for Capital Power Corp (TSE:CPX)

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