Capital Power (CPXWF) Projected to Release Earnings on Wednesday

Capital Power (OTCMKTS:CPXWF) is anticipated to announce its resultson Wednesday, July 29th. Analysts expect Capital Power to post earnings of $0.3101 per share and revenue of $575.7130 million for the quarter.

Capital Power Price Performance

OTCMKTS:CPXWF opened at $51.26 on Wednesday. Capital Power has a twelve month low of $39.08 and a twelve month high of $53.84. The stock’s 50-day simple moving average is $50.67 and its 200 day simple moving average is $47.51.

Analyst Upgrades and Downgrades

CPXWF has been the subject of a number of research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a report on Friday. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research note on Thursday, July 9th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Capital Power has a consensus rating of “Buy”.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.