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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Calpine has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Calpine has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]