- Capital Power reported its second quarter adjusted EBITDA at C$322 million, which met analyst expectations of C$319.8 million.
- The company’s revenue and other income for the quarter totaled C$441 million, falling short of the estimated C$614.4 million.
- From an investment perspective, the company has received 8 buy ratings, 3 hold ratings, and 1 sell rating.
A look at Capital Power Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Capital Power Corporation, with its varied portfolio and strategic approach to power generation, is poised for a promising long-term outlook. Garnering a strong Growth score and Momentum score of 5 indicates favorable prospects for expansion and sustained performance. The company’s above-average Dividend score of 4 underscores its commitment to rewarding shareholders, adding to its attractiveness for potential investors.
While Capital Power showcases solid fundamentals with a Value score of 3 and Resilience score of 3, there is room for further improvement in these areas to strengthen its overall position in the market. Investors seeking a combination of growth potential and reliable dividends may find Capital Power an enticing option, given its current Smartkarma Smart Scores.
Summary of the company description: Capital Power Corporation operates a diversified portfolio of power generating facilities, developing, acquiring, and optimizing power generation from various energy sources.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
