Financial Results and Upcoming Conference - Research Reports on PG&E, NRG, FirstEnergy, Entergy and AEP
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NEW YORK, November 10, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding PG&E Corporation (NYSE: PCG), NRG Energy Inc. (NYSE: NRG), FirstEnergy Corp. (NYSE: FE), Entergy Corporation (NYSE: ETR) and American Electric Power Company Inc. (NYSE: AEP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7812-100free.
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PG&E Corporation Research Reports
On October 28, 2014, PG&E Corporation (PG&E) posted Q3 2014 net income available to common shareholders of $811 million or $1.71 per diluted share, compared to net income of $161 million or $0.36 per diluted share in Q3 2013. The Company stated that the massive increase in Q3 2014 net income was primarily driven by recording three quarters of revenues from the 2014 General Rate Case during the quarter and by lower charges for disallowed costs compared to Q3 2013. During the quarter, the Company's total operating revenues improved 18.3% YoY to $4.9 billion. Analysts polled by Thomson Reuters expected the Company to report Q3 2014 EPS (excluding special items) of $1.12 on revenues of $4.67 billion. The Company's 9M 2014 total operating revenues improved 10.0% YoY to $12.8 billion, while net income available to common shareholders improved 79.3% YoY to $1.3 billion. For full-year 2014, the Company expects GAAP-EPS in the range of $3.06 - $3.23. The full research reports on PG&E are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/PCG/report.pdf
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NRG Energy Inc. Research Reports
On November 5, 2014, NRG Energy Inc. (NRG) reported its Q3 2014 and 9M 2014 financial results. The Company reported Q3 2014 total operating revenues of $4.6 billion, up 30.9% YoY, also surpassing Thomson Reuters' consensus revenue estimate of $3.46 billion for the quarter. The Company's Q3 2014 net income available to common stockholders came in at $166 million or $0.48 per diluted share, compared to net income of $117 million or $0.36 per diluted share in Q3 2013. Analysts polled by Thomson Reuters expected the Company to report earnings (excluding special items) of $0.52 per share for the quarter. The Company reported 9M 2014 total operating revenues of $11.7 billion, up 37.4% YoY and net income available to common stockholders of $8 million, compared to a net loss of $96 million in 9M 2013. The Company expects full-year 2014 adjusted EBITDA in the range of $3.1 billion - $3.2 billion and free cash flow - before Growth investments in the range of $950 million - $1.1 billion. The full research reports on NRG are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/NRG/report.pdf
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FirstEnergy Corp. Research Reports
On November 4, 2014, FirstEnergy Corp. (FirstEnergy) reported Q3 2014 total revenues of $3.9 billion, down 3.6% YoY, while operating income improved 40.9% YoY to $716 million. The Company's Q3 2014 net income came in at $333 million or $0.79 per diluted share, compared to net income of $218 million or $0.52 per diluted share in Q3 2013. The Company's Q3 2014 baaic operating EPS (non-GAAP) stood at $0.89, against Thomson Reuters' EPS (excluding special items) estimate of $0.88 for the quarter. Analysts at Thomson Reuters had also expected the Company to report Q3 2014 revenues of $4.12 billion. During 9M 2014, the Company's total revenues improved 2.7% YoY to $11.6 billion, while net income improved 142.0% YoY to $605 million. The Company expects its full-year 2014 GAAP-EPS in the range of $0.81 - $1.26. The full research reports on FirstEnergy are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/FE/report.pdf
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Entergy Corporation Research Reports
On November 5, 2014, Entergy Corporation (Entergy) announced that the Company's Chairman and CEO, Leo Denault will make a presentation at the 49th Edison Electric Institute Financial Conference in Dallas, Texas, on November 13, 2014. The Company stated that the presentation is scheduled to start at approx. 11:15 a.m. CST. The live webcast of the conference will be available on the investor relations section of Entergy's official website. The full research reports on Entergy are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/ETR/report.pdf
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American Electric Power Company Inc. Research Reports
On October 23, 2014, American Electric Power Company Inc. (AEP) reported Q3 2014 total revenues of $4.3 billion, up 3.0% YoY (Vs. Zacks consensus revenue estimate of $4.6 billion) and operating income of $925 million, up 5.7% YoY. The Company's Q3 2014 earnings attributable to AEP common shareholders came in at $493 million or $1.01 per diluted share, compared to earnings of $433 million or $0.89 per diluted share in Q3 2013. The Company's Q3 2014 operating EPS came in at $1.01, trailing Zacks consensus estimate of $1.03 per share for the quarter. The Company's 9M 2014 total revenues improved 12.2% YoY to $13.0 billion, while earnings attributable to AEP common shareholders stood at $1.4 billion, up 27.2% YoY. For full-year 2014, the Company expects operating EPS in the range of $3.40 - $3.50. The full research reports on AEP are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/AEP/report.pdf
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