FY2017 Earnings Estimate for Atlantic Power Corp (ATP) Issued By National Bank Financial

Atlantic Power Corp (TSE:ATP) (NYSE:ATP) – Equities researchers at National Bank Financial reduced their FY2017 earnings per share (EPS) estimates for shares of Atlantic Power Corp in a note issued to investors on Tuesday. National Bank Financial analyst R. Merer now forecasts that the company will post earnings of ($0.34) per share for the year, down from their previous estimate of $0.34. National Bank Financial also issued estimates for Atlantic Power Corp’s Q4 2017 earnings at $0.06 EPS and FY2018 earnings at ($0.32) EPS.

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Shares of Atlantic Power Corp (TSE ATP) opened at 3.10 on Friday. The stock’s 50 day moving average price is $3.03 and its 200 day moving average price is $3.24. Atlantic Power Corp has a one year low of $2.87 and a one year high of $3.67. The stock’s market capitalization is $357.37 million.

In other Atlantic Power Corp news, Director James J. Moore acquired 15,489 shares of the company’s stock in a transaction on Friday, May 19th. The shares were bought at an average cost of C$2.40 per share, with a total value of C$37,173.60. Over the last three months, insiders acquired 57,217 shares of company stock worth $137,051.

About Atlantic Power Corp

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. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.

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