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July 5, 2024

earnings

PPL’s Earnings Soar, Exceeding Expectations
PPL earnings from ongoing operations rose 11% to $1.67 billion last year, boosted by a 39% jump in the fourth quarter.
Duke Earnings Dip on Sale of International Operations
Duke Energy saw its 2016 earnings drop more than 20% to $2.15 billion ($3.11/share) from $2.82 billion ($4.05/share) in 2015.
Exelon’s Crane Reports ‘Monumental Year’
ZEC legislation bolstered Exelon's earnings per share and helped save the Clinton nuclear generation plant.
Dominion Resources Changing Name to Dominion Energy
Dominion Resources is rebranding itself as Dominion Energy, a change accompanied by a new logo and news of increased earnings.
Xcel Beats Consensus Despite Revenue Shortfall
Xcel Energy reported fourth-quarter revenue of $2.8 billion, up from $2.65 billion a year ago, but short of the expected $3.5 billion.
CMS Touts Generation Reliability, Palisades PPA Replacement
CMS Energy said that 2016 was their best year ever for generation reliability, and boosted earnings for the year to $551 million from $523 million in 2015.
WEC Earnings Call Highlights Natural Gas Efforts
WEC reported net income of $194.4 million for the fourth quarter. The earnings call focused largely on the company’s natural gas initiatives.
NextEra Misses Expectations, but Boosts Profits
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP’s Akins Optimistic over Regulated Future
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
Third Quarter is a Charm for RTO Insider Top 30
The third quarter was a good one for the RTO Insider Top 30, as companies reported a 4% increase in revenues over a year earlier and a 22% increase in net income.

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