HOUSTON (AP) _ Calpine Corp. (CPN) on Friday reported a loss of $198 million in its first quarter.
The Houston-based company said it had a loss of 56 cents per share. Losses, adjusted for non-recurring costs, were 29 cents per share.
The power company posted revenue of $1.62 billion in the period.
Calpine expects full-year earnings in the range of $2 to $2.40 per share.
Calpine shares have risen 7.5 percent since the beginning of the year. The stock has fallen 30 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPN at http://www.zacks.com/ap/CPN
Keywords: Calpine, Earnings Report
Automated Insights, source Associated Press News