Atlantica Yield plc (NASDAQ:AY) is expected to report second quarter earnings results, before market open, on Monday 3rd August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.15 per share.
Looking ahead, the full year income are expected at $ 0.70 per share on the revenues of $ 1104.74 million.
Previous Quarter Performance
Atlantica Yield plc revealed loss for the first quarter of $ 0.40 per share, from the revenue of $ 210.40 million. The quarterly earnings expanded 17.91 percent while revenues compared with the same quarter last year.
Street analysts expected Atlantica Yield plc to report loss of $ 0.07 per share on revenue of $ 235.36 million for the first quarter. The bottom line results missed street analysts by $ 0.33 or 471.43 percent, at the same time, top line results fell short of analysts by $ 24.96 million or 10.61 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Atlantica Yield plc
Stock Performance
According to the previous trading day, closing price of AY was $ 29.97, representing a 68.94 % increase from the 52 week low of $ 17.74 and a 7.78 % decrease over the 52 week high of $ 32.50.
The company has a market capital of $ 3.05 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AY” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 17th June 2020, upgraded by Morgan Stanley to Overweight from Equal-Weight rating.
Atlantica Yield plc acquires, owns, and manages renewable energy, natural gas power, electric transmission lines, and water assets in the United States, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. As of December 31, 2018, it had 24 assets, including 1,496 megawatts (MW) of renewable energy generation assets comprising solar power and wind plants; 300 MW of natural gas power generation assets that produce electricity and steam from natural gas; 1,152 miles of electric transmission lines; and water desalination plants with an aggregate capacity of 10.5 million cubic feet per day. The company was formerly known as Abengoa Yield plc and changed its name to Atlantica Yield plc in May 2016.
