Alterra Power Corp (AXY) Forecasted to Earn FY2016 Earnings of ($0.31) Per Share
Alterra Power Corp (TSE:AXY) – Investment analysts at National Bank Financial dropped their FY2016 earnings estimates for shares of Alterra Power Corp in a report released on Wednesday. National Bank Financial analyst R. Merer now expects that the brokerage will earn ($0.31) per share for the year, down from their prior forecast of $0.13. National Bank Financial has a “Outperform” rating and a $0.80 price objective on the stock. National Bank Financial also issued estimates for Alterra Power Corp’s Q4 2016 earnings at ($0.04) EPS.
Shares of Alterra Power Corp (TSE:AXY) opened at 4.55 on Monday. Alterra Power Corp has a 1-year low of $4.00 and a 1-year high of $7.50. The firm’s 50-day moving average price is $5.90 and its 200 day moving average price is $5.68.
Alterra Power Corp Company Profile
Alterra Power Corp. is a leading global renewable energy company.
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