September 30, 2024

earnings

Con Ed Q3 Earnings up Despite COVID
Consolidated Edison reported third-quarter net income of $1.47/share, even as total revenue slipped because of the COVID-19 pandemic.
CenterPoint, OGE Mum on Enable Midstream
CenterPoint and OGE declined to answer questions on potential sales of their interest in Enable Midstream during their third-quarter earnings calls.
Exelon Discusses Potential Generation Spinoff
Exelon officials confirmed during a third-quarter earnings call that the company is considering spinning off its generation business.
Boosted by Tx, Eversource Posts Strong Q3 Earnings
Eversource reported third-quarter earnings of $346.3 million powered by its transmission segment, which fueled a $27.4 million rise.
Vistra Reports Q3 Earnings Above Expectations
Vistra said it is taking on the “changing power generation landscape” as it announced earnings that were above management’s expectations.
FirstEnergy Earnings Call Overshadowed by Probes
FirstEnergy’s positive third-quarter financial results were overshadowed by questions about ongoing federal investigations into the company.
Xcel Beats Expectations, Hypes EVs
Xcel Energy reported third-quarter earnings of $1.14/share, beating Zacks Investment Research’s consensus expectation by 7 cents.
Entergy, in Eye of the Storms, Beats Expectations
Entergy held its third-quarter earnings call with financial analysts as Hurricane Zeta, the fifth to hit this season, bore down on Louisiana.
DTE Energy to Cleave Pipeline Business
DTE announced that it will spin off its non-utility Midstream natural gas pipeline, gathering and storage business.
PG&E Trying to Move Forward from Bankruptcy
PG&E executives tried to reassure investors that the company is moving forward from its bankruptcy and the wildfires of the past three years.

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