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MDU Resources to Webcast Second Quarter 2025 Earnings Conference Call
Prnewswire· 2025-07-17 20:30
BISMARCK, N.D., July 17, 2025 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its second quarter 2025 earnings conference call at 2 p.m. ET Aug. 7. The company will release its second quarter results before U.S. financial markets open that day.The webcast can be accessed at www.mdu.com under the "Investors" heading. Select "Events & Presentations," and click "Q2 2025 Earnings Conference Call." After the conclusion of the webcast, a replay will be available at the same location.About MDU R ...
Terex Announces Second Quarter 2025 Financial Results Conference Call
Prnewswire· 2025-07-17 11:05
NORWALK, Conn., July 17, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2025 financial results on Thursday, July 31, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call.The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Thursday, July 31, 2025. ...
VivoPower Sets Record Date for Special Dividend Distributions Relating to Tembo Transactions
Globenewswire· 2025-06-09 14:03
Shareholders as at the ex-dividend date of 12 June 2025 will be eligible to receive any potential special dividend distributions relating to Tembo transactions Corresponding record date will be 13 June 2025 LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower” or the “Company”) today announced that it has set an ex-dividend date of 12 June 2025 pertaining to any potential future dividend distributions regarding transactions involving Tembo e LV B.V. (“Tembo”). Sha ...
American States Water (AWR) Matches Q1 Earnings Estimates
ZACKS· 2025-05-08 00:50
Core Viewpoint - American States Water (AWR) reported quarterly earnings of $0.70 per share, matching the Zacks Consensus Estimate and showing an increase from $0.62 per share a year ago [1] - The company also posted revenues of $148.01 million for the quarter, exceeding the Zacks Consensus Estimate by 4.24% and up from $135.25 million year-over-year [2] Financial Performance - Earnings per share (EPS) for the last quarter were $0.70, consistent with estimates, and the company has surpassed consensus EPS estimates two times in the last four quarters [1] - Revenues for the quarter were $148.01 million, surpassing expectations and marking a year-over-year increase [2] - The current consensus EPS estimate for the upcoming quarter is $0.91, with projected revenues of $169 million, and for the current fiscal year, the estimate is $3.28 on $621 million in revenues [7] Market Performance - American States Water shares have increased by approximately 3.9% since the beginning of the year, contrasting with a decline of -4.7% in the S&P 500 [3] - The company's stock is currently rated Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Industry Outlook - The Utility - Water Supply industry is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Terex Reports First Quarter 2025 Results
Prnewswire· 2025-05-02 10:30
Core Insights - Terex Corporation reported strong financial results for Q1 2025, exceeding initial expectations, primarily due to the performance of its newly acquired Environmental Solutions Group (ESG) [2][5][6] - The company anticipates a competitive position moving forward, with a focus on U.S. production to mitigate geopolitical risks [2][9] Financial Performance - Net sales for Q1 2025 were $1.229 billion, a decrease of 4.9% compared to Q1 2024 [6][29] - Adjusted EPS for Q1 2025 was $0.83, down from $1.74 in Q1 2024 [6][29] - Operating profit was $69 million, representing 5.6% of net sales, compared to $158 million or 12.2% in the prior year [6][29] Business Segment Performance - Environmental Solutions segment net sales reached $399 million, up 10.5% year-over-year, driven by strong demand for refuse collection vehicles [5][29] - Aerials segment net sales were $450 million, down 27.8% year-over-year, attributed to seasonal delivery patterns [6][29] - Materials Processing segment net sales were $382 million, down 26.5% year-over-year, reflecting lower channel requirements and end-market demand [6][29] Bookings and Outlook - Bookings for Q1 2025 were $1.5 billion, a sequential increase of 5.3%, with a book-to-bill ratio of 124% [6][29] - The company maintains its full-year adjusted EPS outlook of $4.70 to $5.10 for 2025 [10][11] Capital Allocation and Liquidity - As of March 31, 2025, Terex had liquidity of $1.1 billion, with $36 million deployed in capital expenditures during Q1 [14][29] - The company returned $43 million to shareholders through dividends and share repurchases in Q1 2025 [14][29]
Middlesex Water (MSEX) Q1 Earnings Lag Estimates
ZACKS· 2025-05-01 22:45
Core Viewpoint - Middlesex Water (MSEX) reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.55 per share, and down from $0.59 per share a year ago, indicating an earnings surprise of -3.64% [1] Financial Performance - The company posted revenues of $44.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.48%, compared to $40.52 million in the same quarter last year [2] - Over the last four quarters, Middlesex Water has exceeded consensus revenue estimates four times [2] Stock Performance - Middlesex Water shares have increased by approximately 19.9% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $52 million, and for the current fiscal year, it is $2.53 on revenues of $199 million [7] - The estimate revisions trend for Middlesex Water is favorable ahead of the earnings release, which may influence future stock movements [5][6] Industry Context - The Utility - Water Supply industry is currently ranked in the top 32% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]
Kandi Technologies Reports 2024 Financial Results
Globenewswire· 2025-04-28 11:00
Core Insights - Kandi Technologies Group, Inc. reported a net revenue increase of 3.2% year-over-year, reaching $127.6 million for the full year 2024, driven primarily by higher sales of electric off-road vehicles [4][6] - The company experienced a significant net loss of $51.0 million in 2024, compared to a net income of $1.7 million in 2023, largely due to increased operating expenses and a one-time impairment loss [8][7] - Kandi's strategic initiatives included expanding its product offerings in North America, enhancing its distribution network, and forming a partnership for localized lithium battery production in the U.S. [3][6] Financial Performance - Net revenues for 2024 were $127.6 million, up from $123.6 million in 2023, with electric off-road vehicle sales accounting for over 91% of total revenue [4][6] - Gross profit decreased to $39.3 million, with a gross margin of 30.8%, down from 33.5% in the previous year, attributed to regional and product mix shifts [4][6] - Operating expenses surged to $108.1 million, reflecting a 98.5% increase from $54.4 million in 2023, which included a one-time impairment loss of $24.1 million [5][7] Market Expansion and Strategic Initiatives - Kandi expanded its footprint in North America by launching new electric utility vehicles and themed models, enhancing brand visibility and appeal [3][6] - The company entered the Canadian market and broadened its distribution network in the U.S., which contributed to a more resilient electric off-road vehicle portfolio [3][6] - A strategic alliance with CBAK Energy was announced to establish localized lithium battery production facilities in the U.S., aligning with clean energy incentives and improving supply chain resilience [3][6] Cash and Liquidity - As of December 31, 2024, Kandi reported strong liquidity with $126.3 million in cash and cash equivalents, restricted cash, and certificates of deposit [6] - The company repurchased 1,892,568 shares at an average price of $2.05 per share, indicating confidence in its long-term growth prospects [6]
Terex Announces First Quarter 2025 Financial Results Conference Call
Prnewswire· 2025-04-16 17:15
Company Overview - Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry [3] - The company designs, builds, and supports products used across various sectors including maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry [3] - Terex provides lifecycle support through a global parts and services organization and offers digital solutions to maximize customer investment returns [3] Environmental Initiatives - Certain Terex products and solutions are designed to reduce environmental impact, including electric and hybrid offerings that provide quiet and emission-free performance [3] - The company also supports renewable energy and aids in the recovery of useful materials from various types of waste [3] Upcoming Financial Results - Terex Corporation will host a conference call to review its first quarter 2025 financial results on May 2, 2025, at 8:00 a.m. Eastern Time [1] - The financial results will be available on the company's investor relations website prior to the call [1]