Atlantica Sustainable Infrastructure to Report Quarterly Earnings Ahead of Market Open Tuesday
August 3, 2023
🌥️Trending News
Atlantica Sustainable Infrastructure ($NASDAQ:AY) is poised to report its quarterly earnings results before the start of trading on Tuesday, offering investors an early glimpse into the performance of the company over the past quarter. Atlantica is a global infrastructure investment firm, with a portfolio of renewable energy, electric transmission, water, and communications investments with a focus on creating long-term shareholder value. The company’s investments span across North America, South America, Europe and Asia-Pacific. Investors will be watching the company’s financial performance closely, eager to gain insight into how the company has been performing over the quarter. Analysts have predicted that the company’s earnings will exceed expectations, which could give its stock a significant boost in the market.
Atlantica has been investing heavily in sustainable infrastructure and renewable energy projects over the past few years, and investors will be looking to see if these investments have made a positive impact on the company’s bottom line. The upcoming earnings report will provide key insights into Atlantica’s financial performance and the success of its investments over the quarter. Investors will be keen to understand what the future holds for Atlantica Sustainable Infrastructure and its long-term prospects for growth.
Earnings
ATLANTICA SUSTAINABLE INFRASTRUCTURE is set to report its quarterly earnings ahead of the market open on Tuesday. In its latest earnings report of FY2023 Q1 ending March 31 2021, ATLANTICA SUSTAINABLE INFRASTRUCTURE earned a total revenue of 235.19M USD, with a net income loss of 19.17M USD. This is a 5.0% decrease in total revenue compared to the previous year.
The total revenue of ATLANTICA SUSTAINABLE INFRASTRUCTURE has grown from 235.19M USD to 242.51M USD in the last 3 years. Investors will be eagerly awaiting the results of this earnings report to see if ATLANTICA SUSTAINABLE INFRASTRUCTURE will continue its positive revenue growth trend.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AY. More…
| Total Revenues | Net Income | Net Margin |
| 1.1k | -4.39 | -1.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AY. More…
| Operations | Investing | Financing |
| 490.71 | -43.62 | -568.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.11k | 7.4k | 13.14 |
Key Ratios Snapshot
Some of the financial key ratios for AY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.1% | -17.5% | 26.5% |
| FCF Margin | ROE | ROA |
| 37.1% | 11.6% | 2.0% |
Market Price
Prior to the opening of the markets, Atlantica’s stock opened at $24.2 and closed at $24.1, down by 0.1% from its prior closing price of $24.2. This was accompanied by no major announcements from the company. Analysts will be closely monitoring the performance of the company’s stock following the market open on Tuesday in order to gain a better understanding of the financial health of the company. Live Quote…
Analysis
GoodWhale has conducted an analysis of ATLANTICA SUSTAINABLE INFRASTRUCTURE’s wellbeing. According to our Star Chart, ATLANTICA SUSTAINABLE INFRASTRUCTURE has a high health score of 7/10, considering its cashflows and debt, and is capable of sustaining future operations in times of crisis. Additionally, ATLANTICA SUSTAINABLE INFRASTRUCTURE is strong in asset, dividend, medium in profitability, and weak in growth. We classify ATLANTICA SUSTAINABLE INFRASTRUCTURE as a ‘cow’ — a type of company that has the track record of paying out consistent and sustainable dividends. Given this information, investors who are seeking a steady dividend-paying company would be interested in ATLANTICA SUSTAINABLE INFRASTRUCTURE. Furthermore, those investors who are looking for a solid and reliable company to invest in during times of crisis may also find that ATLANTICA SUSTAINABLE INFRASTRUCTURE meets their needs. More…
Peers
The competition among Atlantica Sustainable Infrastructure PLC, Brookfield Renewable Partners LP, Brookfield Renewable Corp, and Northland Power Inc is fierce. All four companies are striving to be the leading provider of sustainable infrastructure solutions. Each company has its own unique strengths and weaknesses, and they are constantly trying to one-up each other. This competition is good for the consumer, as it drives down prices and drives up innovation.
– Brookfield Renewable Partners LP ($TSX:BEP.UN)
As of 2022, Brookfield Renewable Partners LP has a market cap of 10.74B and a Return on Equity of 16.34%. The company operates as a renewable energy company with a focus on hydroelectric power, wind power, and solar power. The company owns and operates a portfolio of renewable power assets across North America, South America, Europe, and Asia.
– Brookfield Renewable Corp ($TSX:BEPC)
As of 2022, Brookfield Renewable Corp has a market cap of 7.18B and a Return on Equity of 30.68%. The company operates in the renewable energy sector and is one of the largest global providers of renewable power. Brookfield Renewable’s business model is based on long-term contracts with utilities and other customers, which provides stable and predictable cash flows. The company has a diversified portfolio of assets across North America, South America, Europe, and Asia.
– Northland Power Inc ($TSX:NPI)
Northland Power Inc is a Canadian electricity generation and energy infrastructure company with a market cap of 9.16B as of 2022. The company has a Return on Equity of 22.74%. Northland Power owns and operates a diversified portfolio of power plants in Canada, the United States, Germany, and Taiwan, totaling over 2,000 MW of installed capacity. The company produces electricity from thermal, wind, solar, and hydro power facilities and sells it to utilities and other large commercial customers under long-term power purchase agreements.
Summary
Atlantica Sustainable Infrastructure is set to release its quarterly earnings before the market opens on Tuesday. Investors should pay close attention to the earnings results, as they may provide an insight into the company’s financial performance. Analysts expect the company’s revenue growth to remain strong, driven by its focus on renewable energy projects.
Additionally, the company’s balance sheet should remain healthy, with a steady cash flow. Furthermore, investors should watch out for any updates on the company’s expansion plans and new initiatives. If the results exceed expectations, it could indicate a favorable outlook for the company’s stock in the near future. Conversely, if the results fail to meet expectations, it could be a sign of weak growth and a bearish outlook.
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