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utilities: Archive

Zacks Equity Research

NiSource (NI) to Report Q2 Earnings: What's in the Cards?

NiSource's (NI) second-quarter results are likely to benefit from warmer weather patterns and new natural gas and electric rates. However, higher interest expenses are likely to hurt its bottom line.

NIPositive Net Change CNPPositive Net Change AESPositive Net Change AQNPositive Net Change

Zacks Equity Research

New Strong Sell Stocks for August 5th

AMX, CNH and CNMD have been added to the Zacks Rank #5 (Strong Sell) List on August 5, 2024.

AMXNegative Net Change CNMDPositive Net Change CNHPositive Net Change

Shaun Pruitt

3 Utility Stocks to Buy for Defensive Safety Amid Heightened Market Volatility

The utility sector may be one to consider amid heightened market volatility and the potential resurgence of broader economic fears. This is especially true after Friday's jobs report showed the US labor force continued to cool while the unemployment rate rose to 4.3%, its highest peak since 2021.

EXCPositive Net Change AEPPositive Net Change EVRGPositive Net Change

Zacks Equity Research

IDACORP's (IDA) Q2 Earnings and Revenues Surpass Estimates

IDACORP's (IDA) second-quarter earnings and revenues beat estimates. IDA has raised the lower end of its previously announced full-year 2024 earnings guidance

NEEPositive Net Change DTEPositive Net Change AEPPositive Net Change IDAPositive Net Change

Zacks Equity Research

Alliant Energy's (LNT) Q2 Earnings & Revenues Miss Estimates

Alliant Energy (LNT) reports lower-than-expected second-quarter earnings. The company reaffirms its earnings guidance for 2024 and continues to add new electric and natural gas customers.

NEEPositive Net Change DTEPositive Net Change AEPPositive Net Change LNTPositive Net Change

Zacks Equity Research

PPL's Q2 Earnings Top Estimates on Higher Electricity Sales

PPL's second-quarter earnings beat estimates, while revenues lag the same.

PPLPositive Net Change CNPPositive Net Change IDAPositive Net Change LNTPositive Net Change

Zacks Equity Research

Sempra Energy (SRE) to Post Q2 Earnings: What's in the Offing?

Sempra Energy's (SRE) Q2 results are likely to reflect the benefits of favorable weather patterns and rate-based growth amid higher interest expenses.

SREPositive Net Change EIXPositive Net Change PCGPositive Net Change AQNPositive Net Change

Zacks Equity Research

Itron (ITRI) Q2 Earnings Beat on Solid Y/Y Revenue Growth

Itron's (ITRI) second-quarter performance benefits from market strength across its Networked Solutions and Outcomes segments.

BMIPositive Net Change ITRIPositive Net Change SAPPositive Net Change BBPositive Net Change

Zacks Equity Research

Consolidated Edison (ED) Q2 Earnings Top, Revenues Rise Y/Y

Consolidated Edison's (ED) second-quarter earnings and revenues beat estimates. The company's 2024 EPS outlook remains unchanged.

EIXPositive Net Change PEGPositive Net Change PCGPositive Net Change EDPositive Net Change

Zacks Equity Research

Ameren (AEE) Q2 Earnings Beat Estimates, Revenues Down Y/Y

Ameren's (AEE) Q2 revenues of $1.69 billion decrease 3.8% year over year. Revenues also miss the Zacks Consensus Estimate by 9.9%.

AEEPositive Net Change NEEPositive Net Change PCGPositive Net Change AEPPositive Net Change

Zacks Equity Research

California Water (CWT) Q2 Earnings & Revenues Beat Estimates

California Water's (CWT) second-quarter 2024 earnings and revenues increase year over year. CWT continues to benefit from the 2021 General Rate Case decision.

CWTPositive Net Change AWRPositive Net Change GWRSPositive Net Change WTRGPositive Net Change

Zacks Equity Research

AES' Q2 Earnings Surpass Estimates, Revenues Decline Y/Y

AES' second-quarter earnings beat estimates, while revenues lag the same. The company now expects to generate a bottom line in the upper half of its earlier announced 2024 EPS outlook.

EIXPositive Net Change PCGPositive Net Change CNPPositive Net Change AESPositive Net Change

Zacks Equity Research

Company News for Aug 2, 2024

Companies In The Article Are: LLY,MGM,SO and TRP

SOPositive Net Change LLYNegative Net Change MGMNegative Net Change TRPPositive Net Change

Zacks Equity Research

Implied Volatility Surging for Vital Farms (VITL) Stock Options

Investors need to pay close attention to Vital Farms (VITL) stock based on the movements in the options market lately.

VITLPositive Net Change

Ethan Feller

Defensive Sectors Breakout: 3 Stocks to Buy Now for Protection

AvalonBay Communities, Regeneron Pharmaceuticals and Public Service Enterprise Group are all rallying as investors rotate into defensive sectors

REGNPositive Net Change AVBPositive Net Change PEGPositive Net Change QQQPositive Net Change XLEPositive Net Change XLVPositive Net Change XLUPositive Net Change SOXXPositive Net Change XLREPositive Net Change

Zacks Equity Research

Dominion Energy (D) Q2 Earnings Miss Estimates, Sales Down Y/Y

Dominion Energy's (D) second-quarter earnings are lower than estimates. Rising electricity demand from data centers is likely to drive the long-term growth of the company.

XELPositive Net Change NEEPositive Net Change FEPositive Net Change DPositive Net Change

Zacks Equity Research

American Water's (AWK) Q2 Earnings Miss Estimates, Sales Top

American Water's (AWK) second-quarter earnings are adversely impacted by unfavorable weather conditions. The company continues to gain from its strategic acquisitions.

AWKPositive Net Change AWRPositive Net Change GWRSPositive Net Change WTRGPositive Net Change

Zacks Equity Research

Spire (SR) Q3 Loss Narrower Than Expected Loss, Sales Lag

Spire's (SR) fiscal third-quarter loss is narrower than expected. Spire has lowered its fiscal earnings guidance due to the adverse impact of warm winter, higher interest expense and bad debt expense.

SWXPositive Net Change ATOPositive Net Change MDUPositive Net Change SRPositive Net Change

Zacks Equity Research

Xcel Energy (XEL) Q2 Earnings and Revenues Lag Estimates

Xcel Energy's (XEL) second-quarter earnings and sales miss estimates. The company continues to add new electric and natural gas customers to its existing base.

XELPositive Net Change NEEPositive Net Change DTEPositive Net Change AEPPositive Net Change

Zacks Equity Research

Entergy's (ETR) Q2 Earnings Top Estimates, Revenues Rise Y/Y

Entergy's (ETR) second-quarter earnings beat estimates, while revenues rise year over year by 3.8%. The company's 2024 outlook remains unchanged.

ETRPositive Net Change EIXPositive Net Change PEGPositive Net Change PCGPositive Net Change

Zacks Equity Research

Duke Energy (DUK) to Post Q2 Earnings: What's in Store?

Duke Energy's (DUK) Q2 results are likely to reflect the benefits of favorable weather patterns, strong customer growth and rate-based growth amid higher interest expenses.

EIXPositive Net Change PCGPositive Net Change DUKPositive Net Change AQNPositive Net Change

Zacks Equity Research

Pinnacle West (PNW) Q2 Earnings & Sales Beat Estimates

Pinnacle West's (PNW) second-quarter earnings and revenues increase year over year. Total operating expenses also increase during the same period.

NIPositive Net Change NRGPositive Net Change PNWPositive Net Change OGSPositive Net Change

Zacks Equity Research

Exelon (EXC) Q2 Earnings Beat Estimates, Sales Rise Y/Y

Exelon's (EXC) second-quarter earnings and revenues increase year over year. Total operating expenses rise during the same period.

EXCPositive Net Change NIPositive Net Change NRGPositive Net Change OGSPositive Net Change

Zacks Equity Research

WEC Energy (WEC) Q2 Earnings Top Estimates, Revenues Lag

WEC Energy's (WEC) second-quarter 2024 earnings and revenues decrease year over year. Total electric sales volume increases.

NRGPositive Net Change WECPositive Net Change ATOPositive Net Change OGSPositive Net Change

Zacks Equity Research

Eversource Energy (ES) Q2 Earnings In Line With Estimates

Eversource Energy's (ES) second-quarter earnings and revenues decline year over year. Total operating expenses also decrease during the same period.

NIPositive Net Change NRGPositive Net Change ESNegative Net Change OGSPositive Net Change