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TerraForm Power (NASDAQ:TERP) announces its next round of earnings this Friday, August 9. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
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Based on TerraForm Power management projections, analysts predict EPS of 5 cents on revenue of $274.82 million.
In the same quarter last year, TerraForm Power reported an EPS loss of 13 cents on revenue of $179.89 million. Revenue would be up 52.77% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.040 | -0.07 | -0.04 | |
| EPS Actual | -0.070 | -0.07 | -0.16 | -0.13 |
Stock Performance
Over the last 52-week period, shares are up 51.52%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on TerraForm Power stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
TerraForm Power is scheduled to hold a conference call at 9:00 a.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/b43qfhs4
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.