Capital Power (CPXWF) Set to Post Quarterly Earnings on Monday

Capital Power (OTCMKTS:CPXWF) will likely be posting its results before the market opens on Monday, November 2nd. Analysts expect the company to announce earnings of $0.6070 per share and revenue of $724.79 million for the quarter.

Capital Power Price Performance

CPXWF stock opened at $43.75 on Monday. Capital Power has a 12 month low of $40.86 and a 12 month high of $53.84. The firm has a 50 day moving average of $45.02 and a two-hundred day moving average of $47.99.

Analyst Ratings Changes

A number of research firms have recently weighed in on CPXWF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Capital Power in a report on Friday, July 17th. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Capital Power

Capital Power Corporation is an Edmonton, Alberta-based power generation and development company. It owns and operates a diversified portfolio of electricity-generating facilities, with operations focused primarily on natural gas, wind, solar and other renewable energy resources. The company also manages energy-related infrastructure and provides electricity and related services to wholesale and commercial markets.

Capital Power serves customers in Canada and the United States, with a significant presence in Alberta and operations or development activities in several U.S.