Financial Results, Pricing of Public Offering, and Recognition - Research Reports on PSEG, NorthWestern, Consolidated Edison, Sunedison and HomeAway
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 10, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Public Service Enterprise Group Inc. (NYSE: PEG), NorthWestern Corp. (NYSE: NWE), Consolidated Edison, Inc. (NYSE: ED), Sunedison Inc. (NYSE: SUNE) and HomeAway, Inc. (NASDAQ: AWAY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7813-100free.
--
Public Service Enterprise Group Inc. Research Reports
On October 30, 2014, Public Service Enterprise Group Inc. (PSEG) released its Q3 2014 and 9M 2014 financial results. The Company's Q3 2014 operating revenues improved 3.4% YoY to $2.64 billion, trailing Thomson Reuters' consensus revenues estimate of $2.78 billion for the quarter. PSEG's Q3 2014 net income stood at $444 or $0.87 per diluted share, compared to net income of $390 million or $0.77 per diluted share in Q3 2013. The Company's Q3 2014 diluted operating earnings stood at $0.77 per share, surpassing Thomson Reuters' average analyst estimate of $0.75 per share for the quarter. PSEG's 9M 2014 operating revenues improved 6.1% YoY to $8.1 billion, while net income stood at $1.0 billion, down 0.1% YoY. For full-year 2014, the Company expects operating earnings per share in the range of $2.60 - $2.75. The full research reports on PSEG are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/PEG/report.pdf
--
NorthWestern Corp. Research Reports
On November 5, 2014, NorthWestern Corp. (NorthWestern) announced that it has priced its registered underwritten public offering of $450 million aggregate principal amount of 4.176% first mortgage bonds due 2044. The Company informed that the above stated offering is expected to close on or about November 14, 2014, subject to customary closing conditions. Prior to this offering, the Company priced another offering on November 4, 2014, which is expected to be completed on November 10, 2014. NorthWestern intends to use the net proceeds generated from the above two offerings along with the borrowings under its short term credit, to finance its pending acquisition of eleven hydroelectric plants in Montana. The full research reports on NorthWestern are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/NWE/report.pdf
--
Consolidated Edison, Inc. Research Reports
On November 4, 2014, Consolidated Edison, Inc. (Consolidated Edison) reported that Utility Analytics Institute has awarded the Company's subsidiary, Con Edison with the 2014 Innovation Award for a software program that helps the Company's Green Team target programs in reducing customer electrical usage at times of high demand. Consolidated Edison informed that the program allows it to study usage patterns in electric networks, groups of networks and other geographic areas. Further, the Company's Green Team can use that information to decide which option among energy efficiency, demand response, distributed generation and energy storage can most help the electrical-delivery system. The full research reports on Consolidated Edison are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/ED/report.pdf
--
Sunedison Inc. Research Reports
On November 5, 2014, Sunedison Inc. (Sunedison) reported 11.4% YoY improvement in its Q3 2014 net sales to $681.2 million, helped by a 885.2% YoY improvement in TerraForm Power net sales to $53.2 million and 6.6% YoY improvement in Solar Energy net sales to $437.2 million, which was partially offset by 8.3% YoY decline in Semiconductor Materials net sales to $213.2 million. The Company's Q3 2014 net loss attributable to Sunedison stockholders came in at $283.4 million or $1.06 diluted loss per share, compared to net loss of $108 million or $0.47 loss per diluted share in Q3 2013. The Company's 9M 2014 net sales improved 28.7% YoY to $1.9 billion, while net loss attributable to Sunedison stockholders stood at $938.2 million, compared to net loss of $300.3 million in 9M 2013. The Company expects Q4 2014 solar energy systems total non-GAAP sales volume in the range of 84 MW to 124 MW, while full-year 2014 solar energy systems total non-GAAP sales volume is expected in the range of 260 MW to 300 MW. The full research reports on Sunedison are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/SUNE/report.pdf
--
HomeAway, Inc. Research Reports
On November 4, 2014, HomeAway, Inc. (HomeAway) posted Q3 2014 operating income of $11.3 million, down 11.5% YoY. During the quarter, the Company's total revenue improved 29.9% YoY to $117.1 million, reflecting growth in both listing and other revenues. The Company's Q3 2014 net income attributable to HomeAway came in at $4.9 million or $0.05 per diluted share, compared to of $8.5 million or $0.10 per diluted share in Q3 2013. Analysts surveyed by Thomson Reuters had expected EPS of $0.16 on revenue of $115.9 million for the quarter. During 9M 2014, the Company's total revenue improved 31.5% YoY to $337.1 million and net income attributable to HomeAway declined 31.3% YoY to $13.2 million. For Q4 2014, the Company expects total revenue in the range of $107.0 million - $109.0 million, while for full-year 2014, the Company expects total revenue in the range of $444.0 million - $446.0 million. The full research reports on HomeAway are available to download free of charge at:
http://www.analystsreview.com/Nov-10-2014/AWAY/report.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article