Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Northland Power (OTC) (TSE:NPI)
:NPI
Holding TSE:NPI?
Track your performance easily
Earnings Data
Report Date
Feb 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.4Last Year’s EPS
-1.13Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -3.84%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
Northland Power shows steady progress on its construction projects and maintains financial stability despite facing challenges such as the Hai Long incident and the Gemini cable outage. While financial performance was impacted this quarter, the company remains optimistic about future growth opportunities.Company Guidance
During the third quarter 2024 earnings call, Northland Power's interim executives, John Brace and Adam Beaumont, provided updates on the company's performance and guidance. The company reaffirmed its full-year financial guidance, with adjusted EBITDA for the quarter at $228 million, marking a 15% decrease from the previous year, partly due to a cable outage at the Gemini offshore wind facility. Despite this, Northland Power's $16 billion construction program, including key projects like the Hai Long and Baltic Power offshore wind farms, remains on time and on budget, with Hai Long expecting its first power generation in less than 12 months. The Oneida battery energy storage project in Ontario is also progressing well, with commercial operations anticipated in 2025. The executives emphasized a strong future outlook, focusing on growth opportunities in core markets and a disciplined approach to new projects, including potential ventures in natural gas to meet rising electricity demand.Progress on Construction Projects
Northland Power's $16 billion construction program is on track, with significant progress made on the Hai Long and Baltic Power offshore wind projects. The Oneida battery energy storage project is nearing the final stages of construction.
Financial Guidance Maintained
Northland Power's 2024 financial outlook remains within the guidance range, despite challenges faced during the quarter.
Strong Balance Sheet
Northland Power has $1.1 billion of available liquidity to support future growth, maintaining a strong investment-grade balance sheet.
Expansion in Core Markets
Northland Power is actively pursuing opportunities in Alberta, Ontario, and New York, focusing on battery, onshore renewable, and natural gas opportunities.
---
TSE:NPI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:NPI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | C$20.01 | C$20.14 | +0.64% |
| Aug 14, 2024 | C$23.10 | C$22.69 | -1.77% |
| May 16, 2024 | C$21.84 | C$22.75 | +4.15% |
| Feb 22, 2024 | C$22.53 | C$22.62 | +0.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Northland Power (OTC) (TSE:NPI) report earnings?
Northland Power (OTC) (TSE:NPI) is schdueled to report earning on Feb 21, 2025, TBA Not Confirmed.
What is Northland Power (OTC) (TSE:NPI) earnings time?
Northland Power (OTC) (TSE:NPI) earnings time is at Feb 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:NPI EPS forecast?
TSE:NPI EPS forecast for the fiscal quarter 2024 (Q4) is 0.4.
---