EPS for 8point3 Energy Partners LP (CAFD) Expected At $0.08

March 15, 2018 - By Louis Casey

 EPS for 8point3 Energy Partners LP (CAFD) Expected At $0.08

Analysts expect 8point3 Energy Partners LP (NASDAQ:CAFD) to report $0.08 EPS on April, 4.They anticipate $0.05 EPS change or 166.67 % from last quarter’s $0.03 EPS. CAFD’s profit would be $6.33 million giving it 37.66 P/E if the $0.08 EPS is correct. The stock increased 1.18% or $0.14 during the last trading session, reaching $12.05. About 197,352 shares traded. 8point3 Energy Partners LP (NASDAQ:CAFD) has declined 9.79% since March 15, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

8point3 Energy Partners LP (NASDAQ:CAFD) Ratings Coverage

Among 17 analysts covering 8point3 Energy Partners LP (NASDAQ:CAFD), 2 have Buy rating, 4 Sell and 11 Hold. Therefore 12% are positive. 8point3 Energy Partners LP had 46 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, October 18, the company rating was initiated by Bank of America. The rating was upgraded by Avondale to “Mkt Perform” on Thursday, September 24. As per Tuesday, February 6, the company rating was downgraded by Raymond James. The firm has “Overweight” rating by JP Morgan given on Monday, July 11. The rating was maintained by Roth Capital on Wednesday, June 28 with “Hold”. The firm has “Hold” rating by FBR Capital given on Monday, July 10. UBS maintained the stock with “Neutral” rating in Friday, October 2 report. The company was maintained on Tuesday, May 31 by Mizuho. The firm earned “Neutral” rating on Tuesday, February 6 by Robert W. Baird. The firm has “Neutral” rating given on Friday, January 27 by Roth Capital.

8point3 Energy Partners LP, together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. The company has market cap of $953.02 million. As of November 30, 2016, it owned interests in nine utility-scale solar energy projects; and four commercial and industrial solar energy projects, as well as a portfolio of residential distributed generation solar assets with a total capacity of 642 megawatts. 8point3 General Partner, LLC serves as the general partner of the company. It has a 29.68 P/E ratio.

More notable recent 8point3 Energy Partners LP (NASDAQ:CAFD) news were published by: Seekingalpha.com which released: “8point3: Where Do I Go From Here?” on March 08, 2018, also Prnewswire.com with their article: “WeissLaw LLP Investigates 8point3 Energy Partners LP Acquisition” published on February 08, 2018, Prnewswire.com published: “Lifshitz & Miller LLP Announces Investigation of 8point3 Energy Partners LP …” on March 13, 2018. More interesting news about 8point3 Energy Partners LP (NASDAQ:CAFD) were released by: Prnewswire.com and their article: “8point3 Energy Partners Reports Third Quarter 2017 Results” published on October 04, 2017 as well as Nasdaq.com‘s news article titled: “8point3 Energy Partners LP (CAFD) Ex-Dividend Date Scheduled for December 29, 2017” with publication date: December 28, 2017.

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