Q: Comments on cpx latest quarter. thanks
5i Research Answer:
EPS of 4c missed estimates of 51c; revenue of $1.2B beat estimates of $884M. EBITDA of $404M beat estimates by 3%. Earnings are unadjusted but EBITDA is adjusted and was a beat. Revenue rose 22%. Generation was 11,465 Gw hours, up from 9,555. Cash flow was $312M. The stock is down on the news, up remains up 10% YTD and up 33% in a year.