Pattern Energy: Earnings Show Good Renewable Energy Play [Seeking Alpha]
PATTERN ENERGY GROUP INC CL (PEGI)
Last pattern energy group inc cl earnings: 3/2 06:00 am
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US:NASDAQ Investor Relations:
investors.patternenergy.com
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Source: Seeking Alpha
Summary On Thursday, August 9, 2018, renewable energy producer Pattern Energy Group ( PEGI ) announced its second quarter 2018 earnings results . The initial headline numbers were mixed as the company beat the expectations of analysts on its bottom-line but failed to bring in the expected amount of revenue. Despite this, however, there was actually a lot to like here and quite a lot that bodes well for the future. As a result, this earnings report gives us a lot of reasons to be optimistic about Pattern Energy's future. As my long-term readers are well aware, it is my usual practice to share the highlights from a company's earnings report before delving into an analysis of its results. This is because these highlights provide background for the remainder of the article as well as provide a framework for the resultant analysis. Therefore, here are the highlights from Pattern Energy's second quarter 2018 earnings results: Pattern Energy Group reported total revenues of $
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