Consolidated Edison's (ED) renewable energy production volumes improved a solid 34.4% during the first quarter of 2017, leading to an increase of $20 million in renewable revenues
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Through this long-term initiative, DTE Energy (DTE) expects to see a 30% reduction in its carbon emissions by the early 2020s, 45% by 2030, 75% by 2040 and finally more than 80% by 2050.
Companhia Paranaense de Energia (ELP) or COPEL reported impressive first-quarter 2017 results, recording 206.6% growth in net income. Earnings per share were R$1.50 or 48 cents per American Depository Receipt (ADR), up from R$0.49 per share or 13 cents per ADR.
DTE Energy's (DTE) share price gained 16.5% in the last one year, outperforming the Zacks categorized Utility-Electric power industry's 0.6% decline.
PNM Resources' (PNM) principal subsidiary, Public Service Company of New Mexico, filed a rate settlement agreement with the New Mexico Public Regulation Commission (NMPRC).
IDACORP, Inc. (IDA) recorded operating earnings of 66 cents per share in the first quarter of 2017, beating the Zacks Consensus Estimate of 56 cents by 17.9%.
Eversource Energy (ES) reported first-quarter 2017 operating earnings of 82 cents per share, lagging the Zacks Consensus Estimate of 83 cents by a penny.
Alliant Energy Corporation (LNT) reported first-quarter 2017 operating earnings from continuing operations of 43 cents per share, missing the Zacks Consensus Estimate of 45 cents by 4.4%
Earnings from the utility sector are expected to break even this season.
Alliant Energy Corporation (LNT) is set to report first-quarter 2017 results on May 3, after market close
We issued an updated research report on Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) or SABESP on Mar 31, 2017.
Companhia Paranaense de Energia (ELP) or COPEL reported disappointing fourth-quarter 2016 results, recording loss of R$0.29 per share or 9 cents per American Depository Receipt (ADR), compared with earnings of R$1.45 per share or 38 cents per ADR in the year-ago quarter.
Companhia de Saneamento Basico do Estado de Sao Paulo or SABESP (SBS) reported earnings of R$1.39 per share or 42 cents per American Depository Receipt (ADR) in the fourth quarter. The bottom line increased roughly 107.5% over the year-ago quarter.
Public Service Enterprise (PEG) announced plans to spend $15 billion on energy infrastructure. Yet it is exposed to commodity price volatility.
Alliant Energy Corporation (LNT) reported fourth-quarter 2016 operating earnings of 28 cents per share in line with the Zacks Consensus Estimate.
Our proven model does not conclusively show that Alliant Energy is likely to beat estimates this quarter.