AltaGas's adjusted financial results were behind ours/Street consensus but we expect the earnings shortfall will be overshadowed by the news that AltaGas is proceeding with an LPG export terminal on the B.C. West Coast. Second quarter adjusted EBITDA was $107 mm (FCC $128 mm, consensus $115 mm); adjusted FFO/Share was $0.50 (FCC $0.69, consensus $0.62).
30 Jul 2015
2Q15 ADJ. EBITDA $107 MM (FCC $128 MM, CONSENSUS $115 MM); ADJ. FFO/SHARE $0.50 (FCC $0.69, CONSENSUS $0.62)
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2Q15 ADJ. EBITDA $107 MM (FCC $128 MM, CONSENSUS $115 MM); ADJ. FFO/SHARE $0.50 (FCC $0.69, CONSENSUS $0.62)
AltaGas Ltd. (ALA:TSE) | 0 0 0.5% | Mkt Cap: 4,575m
- Published:
30 Jul 2015 -
Author:
Steven I. Paget -
Pages:
2
AltaGas's adjusted financial results were behind ours/Street consensus but we expect the earnings shortfall will be overshadowed by the news that AltaGas is proceeding with an LPG export terminal on the B.C. West Coast. Second quarter adjusted EBITDA was $107 mm (FCC $128 mm, consensus $115 mm); adjusted FFO/Share was $0.50 (FCC $0.69, consensus $0.62).