Calpine Earnings Preview: Get Ahead of the Analysts
Calpine (NYSE:CPN) will report earnings before markets open on Thursday, July 25th. Calpine Corporation acquires, develops, owns, and operates power generation facilities, as well as sells electricity in the United States. The Company also provides thermal energy for industrial customers.
Here is your Cheat Sheet to Calpine Earnings:
Earnings Expectations: Analysts expect earnings of $0.07 per share on revenues of $1.09 billion. Currently, the company’s P/E ratio stands at 119.38.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.57 and has not changed. For the current year, the average estimate is a profit of $0.6, which is worse than the estimate ninety days ago.
Here’s how Calpine has been performing on an annual basis:
|Revenue ($) in millions||9,937||6,564||6,545||6,800||5,478|
|Diluted EPS ($)||0.02||0.31||0.06||-0.39||0.42|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||879.00||1,996.00||1,367.00||1,241.00|
|Diluted EPS ($)||-0.70||0.94||0.22||-0.28|
Calpine has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)