BRENTFORD, Britain (AP) — BRENTFORD, Britain (AP) — Atlantica Sustainable Infrastructure plc (AY) on Friday reported a loss of $11 million in its first quarter.
The Brentford, Britain-based company said it had a loss of 9 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The owner of electric power assets posted revenue of $242.5 million in the period.
Atlantica Sustainable Infrastructure shares have declined almost 4% since the beginning of the year. The stock has decreased 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AY at https://www.zacks.com/ap/AY
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