Atlantica Yield Expects CAFD In The Lower End Of The Guidance Range Of $230M - $250M
Portfolio Pulse from Benzinga Newsdesk
Atlantica Yield (AY) has announced that it expects its Cash Available for Distribution (CAFD) to be in the lower end of the guidance range of $230M - $250M.
November 08, 2023 | 12:55 pm
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NEGATIVE IMPACT
Atlantica Yield's announcement of expected lower CAFD may impact investor sentiment and potentially the stock price.
Lower than expected Cash Available for Distribution (CAFD) can be seen as a negative signal by investors as it indicates less cash available for dividends. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100