Northland Power (NPIFF) Projected to Post Earnings on Wednesday

Key Points

• Northland Power is expected to report Q1 results on Wednesday, May 13, with analysts forecasting EPS of $0.3733 and revenue of $545.06 million; the company topped estimates last quarter (EPS $0.54 vs. $0.34 consensus, revenue $525.98M).
• The stock opened at $17.08 and has a market cap of $4.47 billion with a 52-week range of $11.43–$18.44; valuation shows a negative P/E (-34.86) and debt-to-equity of 1.42.
• Analysts maintain a Moderate Buy consensus (four Buy, three Hold), with CIBC reiterating "Outperform" and Desjardins a "Hold".

Northland Power (OTCMKTS:NPIFF - Get Free Report) will likely be posting its resultson Wednesday, May 13th. Analysts expect Northland Power to post earnings of $0.3733 per share and revenue of $545.0570 million for the quarter.

Northland Power (OTCMKTS:NPIFF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.20. The company had revenue of $525.98 million during the quarter, compared to the consensus estimate of $484.58 million. Northland Power had a positive return on equity of 9.75% and a negative net margin of 7.04%.

Northland Power Stock Up 1.2%

NPIFF stock opened at $17.08 on Wednesday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $4.47 billion and a price-to-earnings ratio of -34.86. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.44. The stock has a fifty day moving average of $16.40 and a 200-day moving average of $15.01.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of Northland Power in a research note on Friday, March 27th. Desjardins reiterated a "hold" rating on shares of Northland Power in a research note on Friday. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company's portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project's lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.

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