Calpine Q1 Loss Narrows - Quick Facts

(RTTNews) - Calpine Corp. (CPN) reported first-quarter net loss to company of $10 million or $0.03 per share, narrower than $17 million or $0.04 per share, prior year. Adjusted free cash flow per share was $0.07, for the quarter.

Adjusted net loss for the latest first quarter was $62 million, compared to adjusted income of $56 million in the comparable quarter last year.

On average, nine analysts polled by Thomson Reuters expected the company to report a loss per share of $0.07 for the quarter. Analysts' estimates typically exclude special items.

Revenues declined to $1.65 billion from $1.97 billion last year. Analysts expected revenue of $1.43 billion for the quarter.

For 2015, the company continues to expect adjusted EBITDA to be in the range of $1.90 billion - $2.10 billion and adjusted free cash flow per share to be in the range of $2.10 - $2.60.