Latest news with #Utilities
Yahoo
4 days ago
- Business
- Yahoo
Zacks Earnings Trends Highlights: JPMorgan, Bank of America and Wells Fargo
Chicago, IL – June 26, 2025 – Zacks Director of Research Sheraz Mian says, "While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since the June-quarter got underway." Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: Total S&P 500 earnings for the June quarter are expected to be up +4.9% from the same period last year on +3.9% higher revenues. While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since the June-quarter got underway. Q2 earnings estimates for 13 of the 16 Zacks sectors have come down since the quarter got underway, with Aerospace, Utilities, and Consumer Discretionary as the only sectors whose estimates have modestly moved higher since the start of April. Q2 earnings estimates for the Tech and Finance sectors, the two largest contributors to aggregate S&P 500 earnings, accounting for 51% of all index earnings, have also been cut since the quarter got underway. The quarter started with significant pressure on Tech sector estimates, but the negative revisions trend notably stabilized in the subsequent weeks. In terms of year-over-year growth, three sectors are expected to enjoy double-digit earnings growth in Q2: Aerospace (+15.1%), Tech (+11.8%), and Consumer Discretionary (+105.6%). On the negative side, seven sectors are expected to earn less in Q2 relative to the year-earlier period, with double-digit declines at the Energy (-24.9%), Construction (-14.4%), and Autos (-30.2%) sectors. The Q2 earnings season will really get going once JPMorgan JPM, Bank of America BAC and Wells Fargo WFC kick-off the June-quarter reporting cycle for the Finance sector. The start of Q2 coincided with heightened tariff uncertainty following the punitive April 2nd tariff announcements. While the onset of the announced levies was eventually delayed by three months, the issue has understandably weighed heavily on estimates for the current and upcoming quarters, particularly in the first few weeks following the April 2nd announcement. The expectation at present is for Q2 earnings for the S&P 500 index to increase by +4.9% from the same period last year on +3.9% higher revenues. While it is not unusual for estimates to be adjusted lower, the magnitude and breadth of Q2 estimate cuts are greater than we have seen in the comparable periods of other recent quarters. Since the start of the quarter, estimates have come down for 13 of the 16 Zacks sectors, with the biggest declines for the Transportation, Autos, Energy, Construction, and Basic Materials sectors. The only sectors experiencing favorable revisions in this period are Aerospace, Utilities, and Consumer Discretionary. Estimates for the two largest earnings contributors to the index – Tech & Finance – have also declined since the quarter began. Tech sector earnings are expected to be up +11.8% in Q2 on +10.8% higher revenues. While these earnings growth expectations are materially below where they stood at the start of April, the revisions trend appears to have notably stabilized lately, as we have been flagging in recent weeks. This stabilizing turn in the Tech sector's revisions trend can be seen in expectations for full-year 2025 as well. The two charts above show that estimates for the Tech sector have stabilized and are no longer under the type of downward pressure experienced earlier in the quarter. The Tech sector is much more than just any other sector, as it alone accounts for almost a third of all S&P 500 earnings. While estimates for this year have been under pressure lately, there haven't been a lot of changes to estimates for the next two years at this stage. Stocks have recouped their tariff-centric losses, although the issue has only been deferred for now. While some of the more dire economic projections have eased lately, there is still plenty of macro uncertainty that will likely continue to weigh on earnings estimates in the days ahead, particularly as we gain visibility on the tariffs question. Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
United News of India
23-06-2025
- Business
- United News of India
Sensex tanks by 601.03 points
Mumbai, June 23 (UNI) The BSE Sensex on Monday tanked by 601.04 points to 81,807.13 in early trade, influenced by Asian market trends as investors closely monitor potential retaliatory actions by Iran following a US attack on its nuclear site, traders said. The Nifty too declined by 178.90 pts to 24,933.50. Sensex registered intra-day highs and lows at 81,984.44 and 81,702.52, respectively. The Nifty registered a day's high at 24,988.10 and a low at 24,929.55 pts. Midcap fell by 285.36 points, and small cap declined by 274.27 pts. All sectoral indices were trading in red, with IT being the top loser, down by 1.23 pc. Other losers were Commodities by 0.54 pc, Energy by 0.60 pc, FMCG by 0.58 pc, Financial by 0.61 pc, Healthcare by 0.49 pc, Industrial by 0.43 pc, Telecom by 0.32 pc, Utilities by 0.67 pc, Aito by 0.56 pc, Banxex by 0.62 pc, Capital Goods by 0.22 pc, Consumer Durables by 0.85 pc, Metals by 0.74 pc, oil & gas by 0.39 pc, Power by 0.91 pc, Realty by 0.77 pc and Teck by 0.92 pc. Sensex gainers were BEL by 2.03 pc to Rs 416.35 and Bharti Airtel by 0.08 pc to Rs 1,938.05. The Sensex losers were Infosys by 1.83 pc to Rs 1,592.00, HCL Tech by 1.28 pc to Rs 1,717.40, HUL by 1.23 pc to Rs 2,276.45, Eternal by 1.09 pc to Rs 250.65, Asian Paints by 1.05 pc to Rs 2,261.00, Power Grid by 1.04 pc to Rs 290.15 and TCS by 0.97 pc to Rs 3,401.40. UNI JS ARN
Yahoo
21-06-2025
- Business
- Yahoo
Vistra Corp. (VST) Ascends While Market Falls: Some Facts to Note
Vistra Corp. (VST) closed the most recent trading day at $185.10, moving +2.19% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.22%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.51%. The stock of company has risen by 17.07% in the past month, leading the Utilities sector's loss of 2.34% and the S&P 500's gain of 0.45%. The upcoming earnings release of Vistra Corp. will be of great interest to investors. On that day, Vistra Corp. is projected to report earnings of $1.34 per share, which would represent year-over-year growth of 48.89%. Simultaneously, our latest consensus estimate expects the revenue to be $5.27 billion, showing a 37.16% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.23 per share and a revenue of $22.2 billion, indicating changes of -11% and +28.91%, respectively, from the former year. Investors should also note any recent changes to analyst estimates for Vistra Corp. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 5.88% increase. Vistra Corp. presently features a Zacks Rank of #3 (Hold). In the context of valuation, Vistra Corp. is at present trading with a Forward P/E ratio of 29.07. This represents a premium compared to its industry average Forward P/E of 17.71. It's also important to note that VST currently trades at a PEG ratio of 2.21. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. VST's industry had an average PEG ratio of 2.59 as of yesterday's close. The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vistra Corp. (VST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
18-06-2025
- Business
- Globe and Mail
Digital Energy Market to Expand at 8.8% CAGR, Hitting USD 1,101.44 Billion by 2032
The Digital Energy Market is accelerating the energy transition by embedding IoT, AI and real-time analytics across generation, transmission and consumption nodes. As utilities and large industrial users prioritize decarbonization, the industry size is expanding through smart grid deployments and digital substation rollouts. The Global Digital Energy Market size is estimated to be valued at USD 610.32 Bn in 2025 and is expected to reach USD 1,101.44 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.8% from 2025 to 2032. As per our digital energy market report, rising investments in advanced metering infrastructure in North America propelled market revenue by 14% in 2024. Forecasts emphasize that renewable integration and edge-AI control modules will further boost digital energy market size and digital energy market revenue through 2032. Key Takeaways • Region: – North America: Leading smart grid pilots in the U.S. and Canada driving rapid digital energy market share growth. – Latin America: Regulatory incentives in Brazil and Chile accelerating solar-IoT integration. – Europe: EU's Green Deal funding digital substations and predictive maintenance use cases. – Asia Pacific: China and India deploying 10 million+ smart meters in 2024 for grid resilience. – Middle East: GCC utilities investing in microgrid analytics for oil-to-renewables diversification. – Africa: South Africa piloting blockchain-based energy trading to optimize distributed generation. Market Segment By Component: • Hardware: Smart meters (U.S. pilot reduced outage durations by 20%), sensors for predictive asset health. • Software: Analytics platforms (Europe's EcoStruxure scaled to 4,500 sites), AI-based energy management. By End User: • Utilities: Smart grid operations cut transmission losses by 8% in Germany (2024). • Commercial Buildings: Automated HVAC controls delivered 12% energy savings in Japan's retail sector. By Deployment Mode: • Cloud-based: Scalable SCADA-as-a-Service, adopted by Australian utilities for 24/7 monitoring. • On-premise: Mission-critical microgrid controllers in U.S. military bases. Market Growth Factors • Rising IoT sensor adoption: Over 25 million networked endpoints added globally in 2024, fueling market growth. • Renewable energy integration: Solar and wind curtailment reduced by 15% in Spain via real-time dispatch software. • Regulatory mandates: EU's MIAPE directive mandating advanced metering upgrades by 2026, driving capex. • Electrification of transport: EV-charging load management solutions gained 30% pipeline growth in North America. • Market drivers: Increasing focus on grid resilience and decarbonization are core market opportunities. Purchase Now Up to 25% Discount on This Premium Report @ Market Trends • Edge computing surge: On-site AI controllers processed 40% more data per second in 2024 pilots. • Digital twins: Virtual grid models reduced maintenance costs by 10% across 50 substations in India. • Cybersecurity integration: IAM and OT-IT convergence investments grew 18% in Europe, addressing market challenges. • Blockchain-based energy trading: Emerging peer-to-peer platforms tested in Africa, illustrating new revenue streams. • Renewable storage management: AI-driven battery forecasting cut balancing costs by 22% in California. Actionable Insights • Supply-side indicators: – Production Capacity: Sensor OEMs expanded annual output by 20% in 2024. – Pricing Trends: Average cost of AMI modules dropped 8% year-over-year. – Exports: U.S. smart-meter shipments to Latin America climbed by 35%. • Demand-side indicators: – Imports: China increased digital energy platform imports by 28% in 2024. – Various Use Cases: Industrial microgrids deployments grew 45% in Southeast Asia. • Micro-indicators: – Utility digital maturity scores improved by two tiers for 60% of European operators. • Nano-size indicators: – Pilot projects: Over 200 sub-100 kW edge-AI installations launched across Japan. Market Key Players • Siemens AG • General Electric Company • Schneider Electric SE • ABB Ltd. • Emerson Electric Co. • Eaton Corporation • Honeywell International Inc. • Mitsubishi Electric Corporation • Toshiba Corporation • Hitachi Ltd. • Legrand SA • Fuji Electric Co. • Landis+Gyr AG • Eaton Corporation plc • Hyundai Electric & Energy Systems Co. Competitive Strategies • Siemens AG's acquisition of EnergyIP in 2024 increased its digital energy market share by 12%, solidifying its position in advanced metering platforms. • General Electric launched Predix-powered grid analytics in late 2024, driving a 15% uplift in digital energy market revenue across U.S. utilities. • Schneider Electric's EcoStruxure roll-out in EMEA yielded 5,000+ active licenses by Q3 2024, showcasing effective market growth strategies in building automation. FAQs 1. Who are the dominant players in the Digital Energy Market? Key players include Siemens AG, General Electric Company, Schneider Electric SE, ABB Ltd., and Emerson Electric Co., each commanding significant industry share through platform innovation. 2. What will be the size of the Digital Energy Market in the coming years? The digital energy market size is forecast to grow from USD 610.32 Bn in 2025 to USD 1,101.44 Bn by 2032 at an 8.8% CAGR. 3. Which end-user industry has the largest growth opportunity? Utilities remain the largest segment, driven by smart grid modernization, while commercial buildings and industrial microgrids are fastest-growing verticals. 4. How will market development trends evolve over the next five years? Expect accelerated edge-AI adoption, digital twins proliferation, blockchain energy trading pilots, and integrated cybersecurity frameworks shaping future market trends. 5. What is the nature of the competitive landscape and challenges in the Digital Energy Market? Market challenges include high upfront integration costs, cybersecurity risks and regulatory compliance, while competition centers on platform scalability and service bundling. 6. What go-to-market strategies are commonly adopted in the Digital Energy Market? Leading companies employ M&A for technology consolidation, platform licensing models, cloud-managed services and outcome-based contracting to accelerate business growth and customer retention. ✍️ Author of this marketing PR: Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Yahoo
17-06-2025
- Business
- Yahoo
Exploring Cobram Estate Olives And 2 Other Small Caps With Strong Potential
As the Australian stock market navigates a mixed landscape, with sectors like Real Estate and IT showing resilience while Utilities and Financials face challenges, investors are keenly observing small-cap stocks for potential opportunities. In this climate, identifying promising small caps such as Cobram Estate Olives can be crucial, as these companies often offer unique value propositions that align with evolving market dynamics and investor sentiment. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Sugar Terminals NA 3.78% 4.30% ★★★★★★ Schaffer 25.47% 6.03% -5.20% ★★★★★★ Fiducian Group NA 9.97% 7.85% ★★★★★★ Hearts and Minds Investments NA 47.09% 49.82% ★★★★★★ Djerriwarrh Investments 1.14% 8.17% 7.54% ★★★★★★ Red Hill Minerals NA 95.16% 40.06% ★★★★★★ MFF Capital Investments 0.69% 28.52% 31.31% ★★★★★☆ Lycopodium 6.89% 16.56% 32.73% ★★★★★☆ Carlton Investments 0.02% 4.45% 3.97% ★★★★★☆ K&S 20.24% 1.58% 25.54% ★★★★☆☆ Click here to see the full list of 44 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★☆☆ Overview: Cobram Estate Olives Limited is involved in olive farming and the production and marketing of olive oil across Australia, the United States, and internationally, with a market cap of A$867.21 million. Operations: The company's revenue streams include its US operations, contributing A$67.16 million, and a segment adjustment of A$177.91 million. The financial data indicates eliminations and corporate adjustments amounting to -A$6.30 million. Cobram Estate Olives, a company with promising prospects, is enhancing its production capabilities through strategic U.S. and Australian expansions. The firm aims to double its planted area in the U.S., increasing supply to meet demand and leveraging maturing olive groves for economies of scale. Infrastructure upgrades at Boort mill and Woodland site are set to boost efficiency. Despite these positives, high product pricing and rising net debt ratios pose financial risks. Analysts forecast an 18% annual revenue growth over three years, with profit margins improving from 9% to 10%. The stock is currently priced at A$1.84 against a target of A$2.14, suggesting potential upside but requiring careful consideration of market conditions. Cobram Estate Olives' strategic U.S. expansion and infrastructure upgrades aim to boost production and revenue; click here to explore the full narrative on the company's growth potential. Simply Wall St Value Rating: ★★★★★★ Overview: Mader Group Limited is a contracting company that offers specialist technical services in the mining, energy, and industrial sectors both in Australia and internationally, with a market cap of approximately A$1.23 billion. Operations: Mader Group generates revenue primarily from its Staffing & Outsourcing Services, amounting to A$811.54 million. Mader Group, a nimble player in the contracting space, is making waves with its strategic push into energy and transport logistics. This move aims to diversify revenue streams beyond its stronghold in Australia, which currently contributes 79% of its income. The company has successfully reduced its debt to equity ratio from 84% to a satisfactory 23.5% over five years, showcasing prudent financial management. With interest payments well covered by EBIT at 20.5 times and earnings growth outpacing the industry at 15.5%, Mader is positioned for robust expansion while trading at an attractive valuation below estimated fair value by nearly 26%. Mader Group's strategic focus on North American expansion aims to capitalize on strong commodity prices and market sentiment; click here to explore the full narrative. Simply Wall St Value Rating: ★★★★★☆ Overview: Tasmea Limited offers shutdown, maintenance, emergency breakdown, and capital upgrade services across Australia with a market capitalization of A$751.63 million. Operations: Tasmea generates revenue primarily through its service offerings in shutdown, maintenance, emergency breakdown, and capital upgrades across Australia. The company's market capitalization stands at A$751.63 million. Tasmea, a small player in the construction sector, has been making waves with its impressive earnings growth of 75.3% over the past year, outpacing the industry average of 28.7%. The company's debt to equity ratio has notably improved from 137.6% to 65.4% over five years, indicating better financial management despite still having high debt levels with a net debt to equity ratio at 49.7%. Tasmea's interest payments are comfortably covered by EBIT at a multiple of 10.7x, reflecting robust earnings quality and profitability that supports future cash flow positivity and strategic initiatives driving anticipated growth in FY26. Dive into the specifics of Tasmea here with our thorough health report. Explore historical data to track Tasmea's performance over time in our Past section. Embark on your investment journey to our 44 ASX Undiscovered Gems With Strong Fundamentals selection here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:CBO ASX:MAD and ASX:TEA. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
