Atlantica Sustainable Infrastructure plc (AY)
AY Price and Sentiment
AY Latest news
Atlantica Sustainable Infrastructure plc (AY) CEO Santiago Seage on Q3 2021 Results - Earnings Call Transcript2021-11-10 11:33
Atlantica Sustainable Infrastructure plc (AY) CEO Santiago Seage on Q3 2021 Results - Earnings Call Transcript
Atlantica Yield (AY) delivered earnings and revenue surprises of -114.49% and -1.19%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
November 10, 2021 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first nine months of 2021. Revenue was $940.4 million, a 22.3% increase compared with the first nine months of 2020. On a comparable basis1, the increase in revenue was 8.4%. Adjusted EBITDA including unconsolidated affiliates increased by 2.1% up to $634.1 million. Growth in revenue and Adjusted EBITDA including unconsolidated affiliates, resulted mainly from the recent investments in new assets, higher production in our renewable energy business and foreign exchange differences, and was partially offset by an accounting adjustment with no cash impact in the current period caused by higher electricity market prices in Spain. Cash Available for Distribution was $168.5 million, a 12.9% increase compared with $149.2 million in the first nine months of 2020. CAFD per share2 was $1.52, a 3.6% increase compared to the same period of the previous year.
These energy stocks are leading the world toward a more sustainable future. Here's why each stands out among the crowd.
November 5, 2021 – Atlantica Sustainable Infrastructure (NASDAQ: AY), the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will release its financial results for the third quarter of 2021 before the opening of the market on Wednesday, November 10, 2021. The information will be published on Atlantica's website www.atlantica.com.
The infrastructure company got a vote of confidence from a Wall Street analyst.
November 3, 2021 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica”, the “Company”), announced today that it has been selected amongst the inaugural recipients of the Terra Carta Seal, launched by His Royal Highness The Prince of Wales as part of the Sustainable Markets Initiative (SMI).
Atlantica Yield (AY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These stocks may be down, but they still have very bright futures.
Atlantica is a geographically diversified play on the global shift towards a low-carbon economy.