Atlantic Power Up 12% From Near Year Lows on Wednesday's Earnings Report

By Staff,

Shutterstock photo

Shares of Atlantic Power ( AT ) are up 12% after releasing a better than expected earnings report for Q1 2013. Earnings were released after the close on Wednesday.

AT - which owns and operates a diverse fleet of power generation assets in the United States and Canada - reported Q1 2013 earnings of $0.04 which beat estimates for a loss of $0.12 and were up 111% from the same quarter last year. Revenue came in at $140.20 million compared to some forecasts for near $122 million.

AT last traded at $5.36 and has touched $5.44, with a 52-week range of $4.44 to $15.18.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: AT

More from MT Newswires


MT Newswires

MT Newswires

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by