On 2 JULY Pattern Energy Group Inc (NASDAQ:PEGI) said it acquired 172 megawatts or MW of owned interest in the 218 MW Panhandle 1 wind project from Pattern Energy Group LP for $124.4 million in cash. The balance of the project has been bought from Pattern Development by three institutional tax equity investors. Pattern Energy Group Inc (NASDAQ:PEGI) net profit margin is 8.30% and weekly performance is 2.29%. On last trading day company shares ended up $33.02. Analysts mean target price for the company is $33.69. Pattern Energy Group Inc (NASDAQ:PEGI) distance from 50-day simple moving average (SMA50) is 11.77%.
On 30 JUNE Consolidated Edison, Inc. (NYSE:ED) reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.18. The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.42 billion. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was up 19.0% on a year-over-year basis. Analysts expect that Consolidated Edison will post $3.75 EPS for the current fiscal year. Consolidated Edison, Inc. (NYSE:ED) shares fell -0.04% in last trading session and ended the day on $56.00. ED Gross Margin is 68.10% and its return on assets is 3.00%. Consolidated Edison, Inc. (NYSE:ED) quarterly performance is 4.36%.
On 2 JULY Duke Energy Corp (NYSE:DUK) reported $1.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.12 by $0.05. The company had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $6.44 billion. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. Analysts expect that Duke Energy Corp will post $4.58 EPS for the current fiscal year. Duke Energy Corp (NYSE:DUK) shares moved down -1.15% in last trading session and was closed at $71.39, while trading in range of $70.81 – $71.95. Duke Energy Corp (NYSE:DUK) year to date (YTD) performance is 5.75%.
On 18 JUNE Exelon Corporation (NYSE:EXC) filed applications seeking approval of their proposed merger with the Delaware Public Service Commission, the Public Service Commission of the District of Columbia and the New Jersey Board of Public Utilities. The companies announced their proposed merger on April 30. Exelon Corporation (NYSE:EXC) ended the last trading day at $33.97. Company weekly volatility is calculated as 1.93% and price to cash ratio as 32.20. Exelon Corporation (NYSE:EXC) showed a negative weekly performance of -5.93%.