Pattern Energy Group PEGI reported 2018 earnings of $1.45 per share versus a loss of 20 cents in 2017. Total RevenuesTotal 2018 revenues were $483 million compared with $411 million in 2017. The year-over-year increase in revenues was primarily due to higher electric sales.Fourth-quarter revenues amounted to $113 million, which lagged the Zacks Consensus Estimate of $144 million by 21.5%. However, the figure improved 2.7% from $110 million reported in the prior-year quarter. Pattern Energy Group Inc. Price, Consensus and EPS Surprise Pattern Energy Group Inc. Price, Consensus and EPS Surprise | Pattern Energy Group Inc. Quote Quarterly HighlightsPattern Energy sold 1,966,677 megawatt hours ("MWh") of electricity on a proportional basis in fourth-quarter 2018 compared with 2,130,343 MWh in the corresponding period last year. The 8% decline was primarily due to a decrease in volume owing to the sale of El Arrayán and a reduction in Pattern Energy's proportional interest at Panhandle 2.Total operating expenses in the reported quarter increased 40% from the year-ago level to $14 million.The company incurred interest expenses of $28 million, in line with the year-ago figure.Financial HighlightsAs of Dec 31, 2018, the company had cash and cash equivalents of $101 million compared with $117 million in the comparable year-ago period.Its long-term debt was $2,004 million as of Dec 31, 2018, up from the Dec 31, 2017 level of $1,879 million.The company’s cash flow from operating activities in 2018 was $279 million, up from $218 million recorded a year ago.GuidancePattern Energy expects annual cash available for distribution in 2019 within $160-$190 million and 2020 cash available for distribution in the range of $185-$225 million.Other Utility ReleasesAlgonquin Power & Utilities Corp. AQN reported fourth-quarter 2018 operating earnings of 14 cents per share, beating the Zacks Consensus Estimate by a penny.NextEra Energy, Inc. NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, which lagged the Zacks Consensus Estimate of $1.51 by 1.3%.Duke Energy Corp. DUK reported fourth-quarter 2018 adjusted earnings of 84 cents per share, which missed the Zacks Consensus Estimate of 89 cents by 5.6%.Zacks RankCurrently, Pattern Energy has a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.This Could Be the Fastest Way to Grow Wealth in 2019Research indicates one sector is poised to deliver a crop of the best-performing stocks you'll find anywhere in the market. Breaking news in this space frequently creates quick double- and triple-digit profit opportunities.These companies are changing the world – and owning their stocks could transform your portfolio in 2019 and beyond. Recent trades from this sector have generated +98%, +119% and +164% gains in as little as 1 month.Click here to see these breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Pattern Energy Group Inc. (PEGI): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report Algonquin Power & Utilities Corp. (AQN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research