Atlantica Sustainable Infrastructure (NASDAQ:AY – Get Free Report) released its quarterly earnings data on Wednesday. The utilities provider reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.07, Zacks reports. The business had revenue of $242.93 million during the quarter, compared to analysts’ expectations of $240.87 million. Atlantica Sustainable Infrastructure had a net margin of 4.43% and a return on equity of 2.91%. During the same quarter in the prior year, the company earned ($0.09) EPS.
Atlantica Sustainable Infrastructure Stock Up 4.3 %
Shares of NASDAQ AY traded up $0.96 during trading hours on Friday, hitting $23.21. The company had a trading volume of 1,340,357 shares, compared to its average volume of 1,131,356. Atlantica Sustainable Infrastructure has a 1-year low of $16.35 and a 1-year high of $26.95. The company has a quick ratio of 1.57, a current ratio of 1.62 and a debt-to-equity ratio of 3.14. The firm’s 50 day moving average is $18.76 and its 200-day moving average is $19.22. The stock has a market capitalization of $2.69 billion, a P/E ratio of 54.76, a price-to-earnings-growth ratio of 1.10 and a beta of 0.94.
Atlantica Sustainable Infrastructure Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 7.67%. The ex-dividend date of this dividend is Friday, May 31st. Atlantica Sustainable Infrastructure’s dividend payout ratio (DPR) is 423.81%.
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About Atlantica Sustainable Infrastructure
Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.
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