Capital Power (CPXWF) to Release Earnings on Wednesday

Capital Power (OTCMKTS:CPXWF) is expected to announce its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.3120 per share and revenue of $575.7130 million for the quarter.

Capital Power Price Performance

Shares of CPXWF stock opened at $51.33 on Monday. Capital Power has a 12-month low of $39.08 and a 12-month high of $53.84. The business has a 50 day simple moving average of $50.97 and a 200 day simple moving average of $47.68.

Analyst Upgrades and Downgrades

CPXWF has been the subject of a number of analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a report on Friday, July 17th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.