The Southern Company (NYSE:SO), a $41 billion electric utility company, reports Q12014 before the market opens. The company, regarded as one of the best managed utility companies, has had a track record of improving earnings and dividend over the past quarters. Moreover, revenue growth has also been commonplace in the company, and the most recent past quarter saw the company generate higher revenue thanks to the favourable weather condition. The Southern Company (NYSE:SO) shares after opening at $46.62 moved to $46.81 on last trade day and at the end of the day closed at $46.36. Company price to sales ratio in past twelve months was calculated as 2.42 and price to cash ratio as 62.71. The Southern Company (NYSE:SO) showed a positive weekly performance of 2.25%.
Duke Energy Corp (NYSE:DUK) CEO Lynn Good says her company “must do a better job of safely managing our coal ash ponds,” in a letter introducing Duke’s 2013 Sustainability Report, recognizing issues raised by the Dan River ash spill. Duke Energy Corp (NYSE:DUK) shares fell -0.36% in last trading session and ended the day on $74.53. Duke Energy Corp (NYSE:DUK) return on equity ratio is recorded as 6.50% and its return on assets is 2.30%. Duke Energy Corp (NYSE:DUK) yearly performance is 3.53%.
Northeast Utilities System reports its first-quarter earnings on Thursday, May 1, 2014, and the consensus earnings per share estimate is 75 cents per share. Over the past month, the consensus estimate has fallen from 76 cents, but it’s still up from the consensus estimate of 74 cents three months ago. For the fiscal year, analysts are projecting earnings of $2.70 per share. Analysts project revenue to fall 2% year-over-year to $1.96 billion for the quarter, after being $2 billion a year ago. For the year, revenue is expected to come in at $7.32 billion. Northeast Utilities System (NYSE:NU) shares moved down -0.42% in last trading session and was closed at $47.11, while trading in range of $46.97 – $47.60. Northeast Utilities System (NYSE:NU) year to date (YTD) performance is 12.14%.
Atmos Energy Corporation (NYSE:ATO) will host a conference call on Thursday, May 8, 2014, at 10:00 a.m. Eastern to review the company’s fiscal 2014 second quarter financial results. Atmos Energy will release these results on Wednesday, May 7, 2014, following the market close. Atmos Energy Corporation (NYSE:ATO) weekly performance is 2.06%. On last trading day company shares ended up $51.07. Atmos Energy Corporation (NYSE:ATO) distance from 50-day simple moving average (SMA50) is 8.38%. Analysts mean target price for the company is $48.67.
Nuclear Power Company Exelon Corp (EXC.N) agreed to buy utility company Pepco Holdings Inc. (NYSE:POM) for more than $5.4 billion in cash, Bloomberg reported, citing people familiar with the transaction. Pepco Holdings, Inc. (NYSE:POM) shares after opening at $23.03 moved to $23.25 on last trade day and at the end of the day closed at $22.79. Company price to sales ratio in past twelve months was calculated as 1.22 and price to cash ratio as 248.33. Pepco Holdings, Inc. (NYSE:POM) showed a positive weekly performance of 6.00%.