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Zacks News
Company News for Oct 30, 2023
by Zacks Equity Research
Companies In The News Are: CHTR, F, XEL, SWK.
5 Defensive Stocks to Buy Amid Growing Market Volatility
by Ritujay Ghosh
Markets remain volatile on concerns of a slowing economy. Hence, investing in defensive stocks like Consolidated Water Co. Ltd. (CWCO), Vistra Corp. (VST), Xcel Energy Inc. (XEL), PepsiCo, Inc. (PEP) and Lamb Weston Holdings, Inc. (LW) is a safe bet.
Xcel Energy (XEL) Q3 Earnings and Revenues Miss Estimates
by Zacks Equity Research
Xcel Energy's (XEL) third-quarter earnings and revenues are lower than expected. The company narrows its earnings guidance for 2023.
Xcel (XEL) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
by Zacks Equity Research
The headline numbers for Xcel (XEL) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Xcel Energy (XEL) Q3 Earnings and Revenues Lag Estimates
by Zacks Equity Research
Xcel (XEL) delivered earnings and revenue surprises of -3.15% and 8.82%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?
CMS Energy (CMS) Q3 Earnings Miss Estimates, Revenues Fall Y/Y
by Zacks Equity Research
CMS Energy's (CMS) Q3 operating revenues total $1,673 million, which lag the Zacks Consensus Estimate by 20.4%. The top line also decreases 17.3% on a year-over-year basis.
CenterPoint Energy (CNP) Beats on Q3 Earnings, Ups '23 EPS View
by Zacks Equity Research
CenterPoint Energy (CNP) generates revenues of $1,860 million in the third quarter, down 2.3% year over year. The top line misses the Zacks Consensus Estimate by 2.7%.
Utilities Due to Report Q3 Earnings on Oct 26: FE, PCG & More
by Jewel Saha
Let's focus on utilities like FE, PCG, CMS, XEL and CNP, which are scheduled to release third-quarter earnings on Oct 26.
NextEra Energy (NEE) Q3 Earnings Beat Estimates, Revenues Lag
by Zacks Equity Research
NextEra Energy's (NEE) third-quarter earnings benefit from customer additions, proper execution of its capital plans and strong performances from both businesses.
Analysts Estimate PSEG (PEG) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Xcel Energy (XEL) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Xcel Energy's (XEL) third-quarter revenues are likely to have benefited from new rates and lower operating and maintenance expenses.
AVANGRID (AGR) Installs First Turbine for Vineyard Wind 1
by Zacks Equity Research
AVANGRID (AGR) announces the successful completion of installation of the first turbine for Vineyard Wind 1, further enhancing AGR's clean energy targets.
Xcel Energy (XEL) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Xcel (XEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Reasons to Add Consolidated Edison (ED) to Your Portfolio Now
by Zacks Equity Research
Consolidated Edison (ED) makes a strong case for investment, given its earnings growth prospects, strong return on equity and ability to increase shareholders' value.
PPL's Arm Issues RFP for Offshore Wind to Power Rhode Island
by Zacks Equity Research
PPL's subsidiary, Rhode Island Energy, issues the largest-ever request for proposals for renewable energy of 1200 MW of offshore wind to support the state's energy needs.
XEL or MGEE: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
XEL vs. MGEE: Which Stock Is the Better Value Option?
Reasons to Add Xcel Energy (XEL) to Your Portfolio Right Now
by Zacks Equity Research
Xcel Energy (XEL) makes a strong case for investment, given its earnings growth prospects, strong ROE and ability to increase shareholder value.
FirstEnergy's (FE) Unit Enhances Smart Grid in Mercer County
by Zacks Equity Research
FirstEnergy's (FE) subsidiary, Penn Power, completes expansion of its smart grid in Mercer County, to strengthen power infrastructure and improve service reliability in extreme weather conditions.
Dominion (D) Proposes Additional Solar Projects in Virginia
by Zacks Equity Research
Dominion (D) announces its proposal of more than a dozen additional solar projects for Virginia customers. The proposal would significantly increase the company's solar fleet.
NextEra (NEE) to Sell Natural Gas Assets, Reaffirms Outlook
by Zacks Equity Research
NextEra Energy (NEE) continues to focus on its core operations and decides to sell its non-core unit, Florida City Gas, for $923 million to Chesapeake Utilities Corporation.
Dominion (D) Progresses Virginia Offshore Wind Commercial Project
by Zacks Equity Research
Dominion (D) advances its offshore wind commercial project, off the coast of Virginia, after the completion of the environmental analysis.
Xcel Energy (XEL) Gets Nod for Expanding Solar Energy Project
by Zacks Equity Research
Xcel Energy (XEL) receives approval from Minnesota officials for expansion of a solar energy project that would provide clean power to more than 150,000 homes.
FirstEnergy's (FE) Unit to Enhance Power Line in Monmouth County
by Zacks Equity Research
FirstEnergy's (FE) subsidiary Jersey Central Power & Light is set to further enhance service reliability by upgrading two miles of a high-voltage power line in Monmouth County.
FirstEnergy's (FE) Units to Enhance Wastewater Treatment Process
by Zacks Equity Research
FirstEnergy's (FE) subsidiaries Mon Power and Potomac Edison start construction on two projects to improve wastewater treatment process and create less wastewater.
FirstEnergy's (FE) Arm to Boost Transmission Line in Eastern Ohio
by Zacks Equity Research
FirstEnergy's (FE) subsidiary American Transmission Systems starts upgrading 20 miles of a high-voltage power line in the Ohio region to further improve the overall system???s performance.