|Bid||34.14 x 1300|
|Ask||0.00 x 3200|
|Day's Range||36.91 - 37.52|
|52 Week Range||29.34 - 37.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.44 (3.98%)|
|1y Target Est||N/A|
PPL Corporation (PPL) is scheduled to report its second-quarter financial results on August 7. The quarter ended on June 30. According to analysts’ consensus, PPL is expected to report earnings of $0.54 per share compared to $0.52 per share in Q2 2017.
FirstEnergy's (FE) Q2 results benefit from favorable weather conditions and successful customer-focused regulated growth initiatives.
Moody's Investors Service, ("Moody's") assigned a Baa2 first time Issuer Rating to Allegheny Generating Company (AGC), wholly-owned subsidiary of Monongahela Power Company (Mon Power, Baa2 stable). AGC is a minority owner of a Federal Energy Regulatory Commission (FERC) regulated pumped-storage hydroelectric generating facility. "Allegheny Generating Company's cash flows are predictable and stable as its sole asset, the Bath County pumped-storage hydro facility, is regulated by FERC," stated Moody's analyst Jairo Chung.
In a story Tuesday about First Energy Corp.'s quarterly results — generated by Automated Insights using data from Zacks Investment Research — The Associated Press reported erroneously that results missed ...
Moody's Investors Service, ("Moody's") assigned a Baa1 first time Issuer Rating to American Transmission Systems, Incorporated (ATSI), a transmission subsidiary of FirstEnergy Corp. (Baa3, stable). Also, Moody's affirmed the Baa1 senior unsecured rating on ATSI's long-term debt.
FirstEnergy (FE) delivered earnings and revenue surprises of 16.98% and 5.52%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
FirstEnergy (FE) reported its second-quarter financial results on July 31 after the markets closed. The company reported an adjusted EPS of $0.62 for the quarter ending on June 30. The earnings increased in the second quarter mainly due to favorable weather. A higher regulated commodity margin and new rates that came into effect during the quarter also helped FirstEnergy’s second-quarter earnings.
Let's focus on the domestic-focused matured utility stocks that are scheduled to report second-quarter earnings on Jul 31, 2018.
Wall Street analysts’ mean target price for FirstEnergy (FE) is $38.50. Its current market price is $34.72, which implies a potential upside of 11% for the stock over the next 12 months.
FirstEnergy (FE) stock is currently trading at an EV-to-EBITDA valuation multiple of 8.1x, which is lower than its five-year average of ~9.0x. It thus seems to be trading at a discounted valuation compared to its historical valuation.
Although FirstEnergy (FE) stock outperformed the broader utilities (XLU) this year, it has fallen more than 4% in the last month, mirroring utilities at large. Let’s see where it might go in the short term.
FirstEnergy (FE), a utility under transformation, is scheduled to report its second-quarter financial results on August 1. According to Wall Street analysts’ estimates, it will report earnings of $0.52 per share. That compares to $0.61 per share in Q2 2017. Management has given an earnings guidance of $0.47–$0.57 per share for the second quarter.
American Electric Power (AEP) surpasses second-quarter earnings and revenues estimates, courtesy of its investment to strengthen operations and favorable weather, which is thereby driving demand.
Companies such as NRG Energy and PECO are battling it out over changing the billing process for electrical utilities.
Corp.’s retail and wholesale power supplier, Constellation, wants to buy FirstEnergy Solutions Corp.’s retail power business for $140 million in cash. Chicago-based Exelon disclosed the purchase agreement in a securities filing Tuesday morning. Exelon said the deal would boost its footprint in Midwest and Mid-Atlantic states, where FirstEnergy Solutions has focused its business.