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PEGI - Pattern Energy: Disappointing Results Overall Company Needs To Improve Cash Flow
Pattern Energy Group Inc.
On Friday, March 1, 2019, renewable energy producer Pattern Energy Group (PEGI) announced its fourth quarter 2018 earnings results. At first glance, these results appeared to be mixed as the firm managed to beat the expectations of its analysts on its bottom-line but failed to beat their expectations in terms of top-line revenues. As is always the case, though, there is much more to these results than just what these headline numbers will tell us. Therefore, it is necessary for us to review these results in detail to ensure that our investment