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PPL (PPL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-01 14:35
For the quarter ended March 2025, PPL (PPL) reported revenue of $2.5 billion, up 8.7% over the same period last year. EPS came in at $0.60, compared to $0.54 in the year-ago quarter.The reported revenue represents a surprise of +4.84% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $0.53, the EPS surprise was +13.21%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to ...
Gear Up for AEP (AEP) Q1 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-05-01 14:20
Analysts on Wall Street project that American Electric Power (AEP) will announce quarterly earnings of $1.39 per share in its forthcoming report, representing an increase of 9.5% year over year. Revenues are projected to reach $5.34 billion, increasing 6.7% from the same quarter last year.The current level reflects an upward revision of 13.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...
Countdown to WEC Energy (WEC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-05-01 14:20
The upcoming report from WEC Energy Group (WEC) is expected to reveal quarterly earnings of $2.19 per share, indicating an increase of 11.2% compared to the year-ago period. Analysts forecast revenues of $2.82 billion, representing an increase of 5.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 6.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a ...
Exelon(EXC) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:00
Financial Data and Key Metrics Changes - Exelon reported operating earnings of $0.92 per share for Q1 2025, up from $0.68 per share in Q1 2024, reflecting a growth of $0.24 per share [17][18] - The earnings increase was primarily driven by $0.14 from new distribution and transmission rates, $0.03 from favorable weather, and $0.02 from tax repairs timing, partially offset by $0.03 from higher interest expenses [17][18] - The company reaffirmed its annualized earnings growth rate of 5% to 7% through 2028, with a projected full-year operating earnings range of $2.64 to $2.74 per share [20][32] Business Line Data and Key Metrics Changes - ComEd and Pepco Holdings are projected to achieve top decile auto frequency and duration performance, while VGE and PECO are in the top quartile [8] - The company has a 17 gigawatt pipeline of opportunity, with an additional 16 gigawatts of high-density load under advanced studies [13][14] Market Data and Key Metrics Changes - The Maryland legislature passed several energy bills aimed at enhancing energy security, including provisions for battery storage and competitive procurement processes [9][40] - PJM has made progress in addressing capacity market issues, with FERC approving solutions that include a temporary price collar [11][12] Company Strategy and Development Direction - Exelon plans to invest $38 billion over the next four years, aiming for a 7.4% rate base growth financed through a balanced mix of debt and equity [15][32] - The company is focused on enhancing customer service and reliability while managing affordability challenges amid economic uncertainties [28][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting objectives despite potential legislative impacts on reconciliations in Maryland [36][42] - The company is actively engaging in discussions to address resource adequacy and affordability, emphasizing a portfolio approach to meet future energy needs [87][89] Other Important Information - Exelon has completed nearly 50% of its planned long-term debt financing for 2025, raising $650 million for Pepco Holdings utilities [24][25] - The company is advocating for legislative changes to lower energy costs for customers, particularly regarding the corporate alternative minimum tax [26][30] Q&A Session Summary Question: Impact of new Maryland legislation on reconciliations - Management expects the reconciliation to proceed without hindrance and is confident in meeting future budget objectives despite legislative changes [36][42] Question: FERC two zero six settlement discussions - Management is open to discussions and aims for a quick resolution to support customer needs [44] Question: Involvement in Pennsylvania legislation for regulated generation - Management supports any measures that enhance resource adequacy and affordability for customers [48] Question: Timing for data center load ramp-up - Management anticipates that 10% of the load will be operational by 2028, with a third by 2030 and three-fourths by 2034 [71] Question: Addressing affordability challenges - Management is actively working to assist customers with energy efficiency programs and community engagement to mitigate cost impacts [76][79] Question: Timeline for lessons learned docket in Maryland - Management expects a decision on the lessons learned process by the end of Q2 2025, emphasizing the importance of multi-year plans [82][84]
Exelon(EXC) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:00
Exelon (EXC) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Andrew Plenge - Investor RelationsCalvin Butler - President and Chief Executive OfficerJeanne Jones - Executive VP & CFONicholas Campanella - DirectorJames Kennedy - Vice PresidentColette Honorable - EVP, Chief Legal Officer & Corporate SecretaryDavid Arcaro - Executive Director, Equity ResearchBill Appicelli - Executive Director, Head of North America Power & Utilities Research Conference Call Participants Julien Dumoulin-Smit ...
Alliant Energy to Release Q1 Earnings: Here's What to Expect
ZACKS· 2025-05-01 13:20
Core Viewpoint - Alliant Energy (LNT) is set to release its first-quarter 2025 results on May 8, following a previous negative earnings surprise of 2.9% in the last quarter [1] Group 1: Factors Impacting Q1 Performance - The company placed two solar projects with a combined capacity of 200 megawatts (MW) into service during Q4 2024, along with the 50-MW Creston Solar Project, which is expected to power approximately 40,000 homes annually, likely boosting financial performance in Q1 [2] - An order from the IUC authorized annual base rate increases of $185 million for retail electric customers and $10 million for retail gas customers, effective from October 2024 through September 2025, which is expected to enhance revenue in the upcoming quarter [3] - Severe storms in March 2025 caused significant power outages and disruptions, potentially leading to higher operating expenses for restoration, which may offset some positive impacts on financial performance [4] Group 2: Q1 Expectations - The Zacks Consensus Estimate for earnings is 57 cents per share, reflecting a year-over-year decline of 8.1% [5] - The Zacks Consensus Estimate for revenues is $1.13 billion, indicating a year-over-year increase of 9.2% [5] - Total electricity delivered is estimated at 8,442.6 megawatt-hours (MWh), representing a 1.1% year-over-year increase [5] Group 3: Earnings Prediction - The company's Earnings ESP is +9.88%, suggesting a favorable outlook for an earnings beat this quarter [6] - Alliant Energy currently holds a Zacks Rank of 3, indicating a neutral outlook [7]
Pinnacle West(PNW) - 2025 Q1 - Earnings Call Presentation
2025-05-01 13:09
Renewed, Reliable and Resilient First-Quarter Financial Results May 1, 2025 Forward Looking Statements This presentation contains forward-looking statements based on current expectations, including statements regarding our earnings guidance and financial outlook and goals. These forward-looking statements are often identified by words such as "estimate," "predict," "may," "believe," "plan," "expect," "require," "intend," "assume," "project," "anticipate," "goal," "seek," "strategy," "likely," "should," "wil ...
Southern Company(SO) - 2025 Q1 - Earnings Call Presentation
2025-05-01 12:13
2 Non-GAAP Financial Measures In addition to including earnings per share (EPS) in accordance with generally accepted accounting principles (GAAP), this presentation also includes historical adjusted EPS excluding: (1) estimated loss on plants under construction and (2) accelerated depreciation from repowering. Estimated loss on plants under construction includes charges (net of salvage proceeds), associated legal expenses (net of insurance recoveries), and tax impacts related to Mississippi Power's integra ...
Cemig Files 2024 Form 20-F
Prnewswire· 2025-05-01 11:00
BELO HORIZONTE, Brazil, May 1, 2025 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE: CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4) - a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, hereby informs the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2025, Form 20-F for the 2024 fiscal year ("2024 Form 20-F") with the U.S. Securi ...
国网山东电力“满格电”护航五一假期绿色出行
Qi Lu Wan Bao· 2025-05-01 09:58
齐鲁晚报·齐鲁壹点记者 王瑞超 实习生 杨雨凡 国网山东电力彩虹共产党员服务队队员到青兰高速诸城服务区充电站,对设备进行巡视检查 目前,国网山东电力共建成投运4476座公共充电站,可同时为2.6万辆新能源车充电。其中,高速服务区充电站430座,可同时满足2060辆新能源车充电需 求。 国网泰安供电公司员工在泰山景区天烛峰充电站开展设备巡视 五一假期前夕,国网山东电力彩虹共产党员服务队队员来到青兰高速诸城服务区充电站,挨个对站内充电设备进行巡视检查,确保假期期间设备安全稳定运 行。 国网山东电力营销部市场处负责人王为帅介绍说,他们深入分析往年假期充电数据,做好假期期间充换电量预测,筛选出51座热点高速充电站,制定现场值 守计划,还提前制作并发布五一假期高速充电出行指南,为新能源车主合理规划出行路线提供参考。 根据预测情况,国网山东电力在京台高速济南服务区充电站等10座热点充电站部署了移动式应急充电舱,可同时为60辆新能源汽车充电;在京沪高速临沂南 服务区等6座充电需求快速增长的高速公路充电站,部署了10台可移动式充电桩,可有效缓解充电高峰充电压力。此外,他们联合山东交通广播发布实时出 行提示,并推出假期派券、新 ...