According to the EIA (U.S. Energy Information Administration), retail electricity prices were $0.11 per kilowatt-hour in 1Q17—1.7% higher compared to 1Q16.
Dominion Resources will report its 1Q17 financial results on May 4. Based on analysts’ estimates, it’s expected to report total revenues of $3.54 billion.
Valuation multiples help investors make investment decisions. They’re driven by investors’ willingness to pay, perceived growth, risks, and uncertainties.
As of April 24, 2017, Philip Morris (PM) was trading at $112.39. The stock price might have factored in the various estimates we discussed in the earlier parts of this series.
In 1Q17, Philip Morris International (PM) posted adjusted EPS (earnings per share) of $0.98 against analysts’ estimate of $1.03.
In 1Q17, Philip Morris (PM) posted gross, EBIT (earnings before interest, and tax), and net margins of 64.1%, 39.5%, and 26.2%, respectively.
Philip Morris’s 1Q17 net revenue fell 0.3% from $6.08 billion to $6.06 billion due to a decline in cigarette shipments of 9.4%.
Analysts expect Philip Morris (PM) to post revenue of $29.5 billion, which represents growth of 10.7% from $26.7 billion in 1Q16.
Philip Morris International (PM) announced its 1Q17 earnings on April 20, 2017. Compared to 1Q16, revenue fell.
ONEOK (OKE) is trading 0.9% below its 50-day moving average and 3.4% above its 200-day moving average.
Nearly 86% of analysts have rated ONEOK (OKE) a “hold,” 7% rated it a “buy,” and 7% rated it a “sell.”
ONEOK (OKE) expects to earn more than 80% of its Natural Gas Liquids segment’s 2017 estimated earnings from exchange services.
ONEOK (OKE) had been making focused efforts to increase its fee-based earnings through contract restructuring in its natural gas gathering and processing segment.
ONEOK (OKE) expects its 2017 capital expenditures to be in the range of $520 million–$640 million.
ONEOK (OKE) operates three business segments—Natural Gas Liquids, Natural Gas Pipelines, and Natural Gas Gathering and Processing.
ONEOK (OKE) is scheduled to report its 1Q17 earnings on May 2, 2017. Here’s what you need to know.
Zimmer Biomet Holdings (ZBH) was trading at $123.3 as of April 24, 2017.
Zimmer Holdings acquired Biomet in 2015. Following the $14 billion merger, ZBH has deployed approximately $1.5 billion on eight M&A (merger and acquisition) deals.
Wall Street analysts expect Zimmer Biomet’s 1Q17 revenue to be about $1.96 billion, a ~3% increase on a YoY (year-over-year) basis.
According to analyst estimates, Zimmer Biomet Holdings’ 1Q17 EPS (earnings per share) will come in at about $2.11.