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Pattern Energy (NASDAQ: PEGI) announced third-quarter EPS of ($ 0.13), down $ 0.11 from analysts' estimated estimate of $ 0.02. Revenues for the quarter were $ 118.4 million, compared to a consensus estimate of $ 115.6 million.
"This was another strong quarter with CAFD up more than three times over the same period last year, which puts us in an excellent position to reach our goal of CAFD (1) for the year ahead. Year, "said Mike Garland, president of Pattern Energy. "We continue to take proactive steps to increase our CAFD without issuing common shares, including asset recycling, Gulf Wind repowering and implementation of cost savings. gives us additional flexibility to make new investments in attractive opportunities, such as the acquisition of Mont Sainte-Marguerite or Gulf Wind Repowering, thus increasing CAFD LP ("Pattern Development 2.0") continues to mature and grow developing, particularly in markets as exciting as Japan, our substantial participation in the development sector is a clear differentiator from other market players. "
For income history and revenue data on Pattern Energy (PEGI), click here.
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