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Wolfe Research Raises PG&E (PCG) Price Target, Keeps Outperform Rating
Yahoo Finance· 2025-10-31 01:38
Core Insights - PG&E Corporation (NYSE:PCG) is recognized as one of the 10 Stocks Under $20 to Buy according to analysts, with Wolfe Research raising its price target from $19 to $21 while maintaining an Outperform rating [1][2] - The company is projected to experience a 9% growth in its rate base and earnings per share (EPS) from 2026 to 2030, indicating strong long-term growth prospects [1][3] Company Leadership - Wolfe Research commended PG&E's CEO Patti Poppe for enhancing regulatory relations and improving engagement with policymakers, which is seen as a positive development for the company [2] Risk Management and Financial Strategy - PG&E is actively working on initiatives to mitigate wildfire risks, including a significant undergrounding project [3] - The company aims to keep customer bills at or below the expected rate of inflation through its "simple affordable model," which reflects a commitment to customer affordability [3] Industry Position - PG&E's anticipated growth in rate base and earnings positions it among the leading companies in the energy sector, benefiting from California's supportive regulatory environment [3][4]
WEC Energy Group (WEC) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-10-30 13:16
Core Insights - WEC Energy Group reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.79 per share, and showing a slight increase from $0.82 per share a year ago, resulting in an earnings surprise of +5.06% [1] - The company generated revenues of $2.1 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.88%, compared to $1.86 billion in the same quarter last year [2] - WEC Energy shares have increased approximately 21.8% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.41 on revenues of $2.46 billion, and for the current fiscal year, it is $5.23 on revenues of $9.62 billion [7] - The estimate revisions trend for WEC Energy was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Utility - Electric Power industry is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8] - Alliant Energy, another company in the same industry, is expected to report quarterly earnings of $1.17 per share, reflecting a year-over-year change of +1.7%, with revenues anticipated to be $1.1 billion, up 2% from the previous year [9][10]
PPL Corporation reports second-quarter 2025 earnings
Prnewswire· 2025-07-31 11:30
Announces 2025 second-quarter reported earnings (GAAP) per share of $0.25. Achieves 2025 second-quarter ongoing earnings per share of $0.32 versus $0.38 in 2024, with lower results primarily due to timing and weather. Reaffirms 2025 ongoing earnings forecast range of $1.75 to $1.87 per share; expects to achieve at least the midpoint of $1.81 per share. Reaffirms 6% to 8% annual EPS and dividend growth targets through at least 2028; expects to achieve EPS growth in the top half of targeted growth range.ALLE ...
Eversource Energy (ES) Q1 Earnings Match Estimates
ZACKS· 2025-05-01 22:30
分组1 - Eversource Energy reported quarterly earnings of $1.50 per share, matching the Zacks Consensus Estimate, and showing a slight increase from $1.49 per share a year ago [1] - The company posted revenues of $4.12 billion for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 12.74%, compared to $3.33 billion in the same quarter last year [2] - Eversource shares have increased approximately 3.6% since the beginning of the year, contrasting with a decline of 5.3% in the S&P 500 [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.99 on revenues of $2.91 billion, and for the current fiscal year, it is $4.73 on revenues of $12.93 billion [7] - The Utility - Electric Power industry, to which Eversource belongs, is currently ranked in the top 14% of over 250 Zacks industries, indicating a favorable outlook [8]