Capital Power Corporation's latest earnings report has sent shockwaves through the market, revealing a staggering miss on EPS estimates that has analysts and investors evaluating the company's outlook.
On July 29, 2026, Capital Power Corporation (TSX: CPX) reported its second quarter financial results for the period ending June 30, 2026. The results were disappointing, with earnings per share (EPS) coming in at just $0.08, significantly below the analyst estimate of $0.47. This marked an 82.98% surprise miss, raising questions about the company’s operational performance and future growth prospects.
Recent earnings trend
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Capital Power Corporation
CPX.TO
CPX.TO
Capital Power Corporation
WealthAwesomeMarket cap
$10.35B
P/E
115.6x
Div. yield
4.08%
Div. / share
$2.76
52W high
$77.02
52W low
$53.80
1W change
-8.18%
Beta
0.41
Analyst Price Targets
Based on analyst covering CPX
Wall Street analysts forecast CPX stock price to rise 18.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$77.92
+18.3% Upside
Current Price
C$65.87
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CPX's historical volatility
30-Day Vol
27.8%
Annualized
90-Day Vol
30.5%
Annualized
Trend (90d)
-1.5%
Annualized drift
90d Mean
C$65.53
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$65.76 | C$59.74 – C$72.37 |
| 60 trading days | C$65.64 | C$57.32 – C$75.17 |
| 90 trading days | C$65.53 | C$55.50 – C$77.37 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | — | 0.9100 | — |
| 2026-06-30 | 2026-07-29 | 0.0800 | 0.4700 | -83.0% |
| 2026-03-31 | 2026-04-29 | 0.5300 | 0.5600 | -5.4% |
| 2025-12-31 | 2026-03-04 | 1.2800 | 0.5800 | +120.7% |
| 2025-09-30 | 2025-10-29 | 0.9200 | 0.9900 | -7.1% |
| 2025-06-30 | 2025-07-30 | 0.4900 | 0.5000 | -2.0% |
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Investor takeaway: Investors should take note of the substantial earnings miss and consider how Capital Power’s strategic initiatives, including a long-term energy supply agreement with Meta Platforms, may influence future performance amidst current operational challenges.
EPS Missed Estimates by 83.0%
Capital Power's EPS of $0.08 starkly contrasts with the expected $0.47, reflecting deeper operational issues that may hinder growth and investor confidence.
Bull case
The company has a solid balance sheet and is making strategic moves, like the long-term energy supply agreement with Meta Platforms. This deal could boost future revenues and stabilize cash flows. Plus, the ongoing demand for renewable energy solutions puts Capital Power in a good position in a growing market.
Bear case
The significant earnings miss highlights potential operational inefficiencies and raises concerns about the company's ability to meet future growth expectations. Additionally, rising costs and challenges in the energy sector could further strain profitability.
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