Atlantica Sustainable: Q1 Earnings Insights

Atlantica Sustainable (NASDAQ:AY) reported its Q1 earnings results on Friday, May 5, 2023 at 07:25 AM.

Here's what investors need to know about the announcement.

Atlantica Sustainable beat estimated earnings by 55.0%, reporting an EPS of $-0.09 versus an estimate of $-0.2.

Revenue was down $4.94 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 0.48% drop in the share price the next day.

Here's a look at Atlantica Sustainable's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.04	0.35	0.29	-0.08
EPS Actual	0.03	-0.11	0.14	-0.10
Revenue Estimate	263.14M	333.96M	355.85M	277.90M
Revenue Actual	243.62M	303.12M	307.83M	247.45M

To track all earnings releases for Atlantica Sustainable visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.