Core Viewpoint - Edison International (EIX) is expected to report its second-quarter 2025 results on July 31, with prior earnings surprises indicating potential performance trends [1][5]. Group 1: Revenue Influences - The service territories of Edison International experienced moderate temperatures in Q2 2025, with above-normal temperatures in May likely increasing electricity usage and positively impacting revenues [2][8]. - Wildfires in California during the quarter may have caused outages and infrastructure damage, negatively affecting revenues [3][8]. - Lower operating revenues at Southern California Edison (SCE) due to reduced expenses passed through to customers may have contributed to a year-over-year decline in overall revenues [3][5]. Group 2: Earnings Expectations - The Zacks Consensus Estimate for EIX's sales is $4.27 billion, reflecting a 1.6% decrease from the previous year [5]. - The earnings estimate is set at 96 cents per share, indicating a decline of 21.3% compared to the prior-year quarter [5]. - Increased operating expenses for infrastructure restoration due to wildfires and significant charges for wildfire-related claims are expected to negatively impact second-quarter earnings [4][8]. Group 3: Earnings Prediction Model - The current model does not predict an earnings beat for EIX, with an Earnings ESP of -8.93% and a Zacks Rank of 3 (Hold) [6][7].

Core Viewpoint - WEC Energy Group is expected to report quarterly earnings of $0.71 per share, a 6% increase year-over-year, with revenues projected at $1.86 billion, reflecting a 4.9% year-over-year growth [1]. Earnings Projections - There has been a downward revision of 1.1% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts project 'Operating Revenues- Regulated Utility Operations-Wisconsin' to reach $1.42 billion, marking a 4.1% increase from the previous year [5]. - 'Operating Revenues- Regulated Utility Operations-Illinois' is estimated at $274.60 million, indicating a 0.8% decrease year-over-year [5]. - 'Operating Revenues- Total Utility Operations' is expected to be $1.78 billion, reflecting a 3.6% increase from the year-ago quarter [6]. - 'Operating Revenues- Non-Utility Energy Infrastructure' is forecasted to reach $189.33 million, showing a 7.8% increase year-over-year [6]. - 'Operating Revenues- Regulated Utility Operations- Other States' is estimated at $79.12 million, indicating an 11.4% year-over-year increase [7]. Stock Performance - Over the past month, WEC Energy shares have returned +6.2%, outperforming the Zacks S&P 500 composite's +4.9% change [7].

NEW ORLEANS, July 28, 2025 /PRNewswire/ -- The board of directors for Entergy Corporation today announced the election of R. Lewis Ropp as an independent director, effective Aug.15. Ropp brings to Entergy's board a deep understanding of finance, capital markets, investor relations and regulatory compliance. "We strive to have a mix of directors with skills and experience that align with Entergy's long-term strategy," said Drew Marsh, Entergy chair and CEO. "Lewis has extensive experience in both the finance ...

Core Viewpoint - Eversource Energy (ES) is expected to report its second-quarter 2025 results on July 31, with earnings anticipated to be in line with estimates, reflecting various operational factors that may influence performance [1][10]. Group 1: Factors Impacting Q2 Performance - Eversource Energy's focus on being a pure-play regulated utility is likely to support its clean energy transition efforts, contributing positively to quarterly earnings [2]. - The integration of probabilistic load flow (PLF) automation into its power system analysis is expected to enhance service reliability and boost earnings through improved distribution modeling capabilities [3]. - New electric and gas rates implemented in the service regions during the first and previous quarters are anticipated to positively impact the bottom line, along with increased transmission investments and lower operation and maintenance expenses [4]. Group 2: Expected Financial Metrics - The Zacks Consensus Estimate for Eversource Energy's earnings is set at 95 cents per share, remaining flat year over year, while revenues are estimated at $2.90 billion, indicating a year-over-year increase of 14.7% [6][10]. - The company's Earnings ESP is +0.26%, suggesting a favorable outlook for an earnings beat in the upcoming report [7]. Group 3: Potential Challenges - Higher depreciation and property taxes due to increased investments, along with rising interest expenses and a higher effective tax rate, are expected to negatively affect overall quarterly performance [5][10].

Core Viewpoint - The AES Corporation is set to report its second-quarter 2025 results on July 31, 2025, with expectations of revenue growth and improved earnings per share despite challenges from extreme weather conditions [1][6][8]. Group 1: Upcoming Results Expectations - The Zacks Consensus Estimate for AES' revenues is $3.27 billion, indicating an 11.3% increase from the same quarter last year [6]. - The earnings per share (EPS) estimate is 43 cents, reflecting a 13.2% improvement year-over-year [6][8]. - The company experienced a negative earnings surprise of 27.03% in the last quarter but has a four-quarter average earnings surprise of 13.92% [1]. Group 2: Factors Influencing Performance - Mixed temperature patterns and above-normal precipitation during the April-June quarter are expected to have a moderate impact on quarterly revenues [2]. - Extreme weather events, including hail and thunderstorms, may have caused outages and negatively affected top-line performance [3]. - Favorable rate outcomes from previous quarters and increased energy demand from data center expansions are anticipated to positively contribute to revenue growth [4]. Group 3: Cost and Cash Position - Severe weather may have led to infrastructural damage, increasing operating expenses for restoration, which could hurt earnings [4]. - Solid sales growth expectations, cost-saving initiatives, and favorable returns from renewable projects are likely to support overall bottom-line performance [5]. - The divestment of a 30% stake in AES Ohio, completed in April 2025, is expected to enhance the company's cash position in the second quarter [5]. Group 4: Earnings Prediction Model - The current Zacks model does not predict an earnings beat for AES, with an Earnings ESP of -6.68% [7]. - AES holds a Zacks Rank of 3, indicating a neutral outlook [9].

Core Viewpoint - The article highlights the importance of customer service in the electricity supply industry, showcasing how proactive engagement and technical assessment can clarify customer concerns regarding increased electricity bills [1][2]. Group 1: Customer Engagement - The company emphasizes the need for direct communication with customers to understand their electricity usage patterns, such as the addition of new appliances or changes in household occupancy [1]. - The service team employs a methodical approach, including asking questions about recent changes in electricity consumption and conducting on-site diagnostics to assess the situation accurately [1][2]. Group 2: Technical Assessment - The technician uses an app to analyze the customer's electricity usage history, identifying peak usage days that coincide with high temperatures and increased air conditioning use [2]. - The technician explains that the new air conditioning unit consumes significantly more electricity compared to older appliances, providing clarity on the reasons behind the increased bills [2]. Group 3: Customer Education - The company not only addresses customer concerns but also educates them on energy-saving tips, enhancing customer satisfaction and trust [2]. - The approach taken by the service team reflects the company's commitment to customer service and the principle of "People's Electricity for the People," ensuring that every unit of electricity is delivered with reliability and peace of mind [2].

Group 1 - The analyst has a master's degree in economics and 15 years of experience in both public and private sectors, providing a global perspective on investing insights [1] - The investment approach includes a mix of growth stocks, quality stalwarts, and dividend growth strategies, aiming for a balanced portfolio that outperforms the market [1] - The analyst teaches investing, micro, and macroeconomics, focusing on educating the next generation of investors about financial market fundamentals [1] Group 2 - The analyst currently holds a beneficial long position in EIX shares and may consider increasing this position in the near future [2] - The article expresses the analyst's personal opinions and is not influenced by any compensation from companies mentioned [2]

Financial Data and Key Metrics Changes - For Q2 2025, the company reported GAAP net income of $62 million or $0.56 per diluted share, compared to $72 million or $0.69 per diluted share in Q2 2024 [15] - Non-GAAP net income for Q2 2025 was $73 million or $0.66 per share, down from $72 million or $0.69 per share in the same quarter last year [15][16] - Total load increased by 4.9% overall and 6.1% weather adjusted compared to Q2 2024 [18] Business Line Data and Key Metrics Changes - Industrial load, particularly from data centers, saw a significant increase of 16.5% on a nominal and weather-adjusted basis [18] - Residential load decreased by 2.3% quarter over quarter but increased by 1% when weather adjusted [18] - Commercial load increased slightly by 0.3% overall or 0.7% weather adjusted [18] Market Data and Key Metrics Changes - Sustained growth from data center and high-tech customers was reported, with over 16% growth compared to the same quarter last year [11] - The Oregon legislature passed the Power Act, which enhances regulatory flexibility and supports growth in the data center sector [12] Company Strategy and Development Direction - The company is focused on five strategic priorities: investing in clean energy, keeping customer prices low, supporting data center growth, reducing operational risks, and promoting an investable energy future [7][8] - A proposed corporate structure update aims to reduce investment costs and improve regulatory predictability [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a solid performance for the year, reaffirming 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share [29] - The company is committed to safe, reliable, and efficient operations while advancing strategic priorities [29] Other Important Information - Total liquidity at the end of Q2 was $980 million, with credit ratings remaining stable [27] - The company plans to issue a 2025 RFP in the coming weeks, anticipating a final shortlist in 2026 [25][26] Q&A Session Summary Question: How does the MOU inform the path for the seaside and distribution recovery proceedings? - Management indicated that the MOU allows for better understanding and shared outcomes before entering a rate review proceeding, leading to certainty and predictability [35][36] Question: Can you discuss the business transformation efforts and their costs? - Management confirmed that business transformation costs will continue into next year, with benefits expected to materialize later this year and into 2026 [42][43] Question: How do you see ROEs trending until the next base rates? - Management expects to maintain the current ROE range despite the timing of the next base rate case, supported by cost management actions [64] Question: What impact will the industrial demand growth have on power costs? - Management noted that long-term contracts with key customers will help reduce power cost pressures and improve financing for infrastructure investments [120][121] Question: What is the anticipated timing for the next rate case? - The MOU specifies that the earliest filing for the next general rate review would occur after Q2 2026 [125]

Company Overview and Financial Performance - PGE serves approximately 950,000 retail customers within a service area of approximately 19 million residents[15] - The company's 2024 revenue was $34 billion[15] - 2024 diluted earnings per share were $301 GAAP and $314 adjusted non-GAAP[15] - The company anticipates long-term EPS growth of 5% to 7%[20] Clean Energy Transition and Investments - PGE is committed to 100% clean energy by 2040, with interim targets of 80% reduction in greenhouse gas emissions by 2030 and 90% by 2035[15] - In 2024, PGE brought online 311 MW of wind energy and integrated 292 MW of battery storage[20, 67] - The company plans to procure an additional 3,500 to 4,500 MW of non-emitting resources through 2030[20, 71] - The company's total liquidity as of June 30, 2025, was $980 million, including $56 million in cash and $750 million in credit facilities[61] Service Area and Demand Growth - Residential customers accounted for 36% of retail deliveries in 2024, commercial 32%, and industrial 32%[25] - The company experienced strong industrial load growth, with an 82% CAGR from 2019-2024[25, 27] - PGE forecasts energy deliveries growth of 3% per year through 2029[25] Capital Expenditures and Rate Base Growth - The company's five-year base capital expenditure forecast of $65 billion drives 7% average rate base growth from the 2024 base year[42] - Illustrative incremental RFP opportunities potentially increase average rate base growth to 9% from the 2024 base year[42]

Core Viewpoint - PG&E Corporation (PCG) is set to report its second-quarter 2025 results on July 31, with expectations of revenue and earnings growth despite a previous earnings surprise of -5.71% in the last quarter [1][9]. Factors Influencing Q2 Results - Warmer-than-normal temperatures in PCG's service territories likely increased electricity demand for cooling, positively impacting revenues [2]. - Strong rate-based growth and favorable outcomes from previously approved general rate case filings are expected to contribute to revenue performance [2]. - Efforts to reduce non-fuel operations and maintenance (O&M) expenses may enhance earnings for the quarter [3]. Q2 Expectations - The Zacks Consensus Estimate for sales is $6.37 billion, reflecting a year-over-year growth of 6.4% [4]. - The consensus estimate for earnings is 33 cents per share, indicating a year-over-year increase of 6.5% [4]. Earnings Prediction Insights - The current Earnings ESP for PCG is 0.00%, making it challenging to predict an earnings surprise despite anticipated sales growth [5][9]. - PCG holds a Zacks Rank of 3, suggesting a neutral outlook [6]. Industry Comparisons - American Electric Power (AEP) is expected to report on July 30, with an Earnings ESP of +10.63% and a Zacks Rank of 3 [7]. - IDACORP Inc. (IDA) is also reporting on July 31, with an Earnings ESP of +4.55% and a Zacks Rank of 3 [10]. - Xcel Energy Inc. (XEL) is scheduled for July 31, with an Earnings ESP of +1.76% and a Zacks Rank of 3 [11].