Atlantica Yield NASDAQ:AY is reporting this earnings, what to expect.
Atlantica Yield NASDAQ:AY headquartered in United Kingdom is reporting their earnings on 05/14/2018 before the bell. Street forecast for the quarter ending March 2018 is $-0.02.
According to stock market daily analyst this is Lower then same time previous year. Atlantica Yield reported EPS for the same quarter last year was $-0.12.
Overview of Atlantica Yield NASDAQ:AY
Atlantica Yield owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors.
Atlantica Yield operate high-quality facilities recently constructed, with long useful lives. Our long-term contracts with creditworthy counterparties permit us to generate stable and long-term cash-flows. We currently own 22 assets, comprising 1,446 MW of renewable energy generation, 300 MW of efficient natural gas, 1,099 miles of electric transmission lines and 10.5 Mft3 per day of water assets.
All our assets have contracted revenues (regulated revenues in the case of our Spanish assets) with high-quality off-takers. Over 95% of our cash available for distribution is generated from assets with off-takers with an investment-grade rating, the remaining being unrated. Our assets have a weighted average remaining contract life of approximately 19 years as of December 31, 2017. Our portfolio is diversified both by business segment and geography. By geography, we are present in North & South America, and certain markets in EMEA.
Atlantica Yield target to distribute a very high percentage of our cash available for distribution and will seek to increase such cash dividends over time through the acquisition of additional contracted assets.
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