Calpine Posts Q4 Loss - Quick Facts

(RTTNews) - Calpine Corp. (CPN) reported a fourth-quarter net loss to company of $97 million or $0.23 per share, compared to profit of $100 million or $0.22 per share, last year. Net income, as adjusted, for the fourth quarter of 2013 was $5 million. Adjusted free cash flow per share was $0.29, for the quarter.

Adjusted EBITDA was $399 million, compared to $315 million in the prior year period. The year-over-year increase in Adjusted EBITDA was primarily related to a $74 million increase in Commodity Margin, the company said.

Operating revenues increased to $1.44 billion, from $1.37 billion, a year ago.

The company expects its fiscal 2014 adjustd free cash flow per share in the range of $1.85-$2.10.