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Idacorp Inc is Among the Companies in the Electric Utilities Industry With the Lowest Projected Earnings Growth (IDA, GXP, PNW, PPL, DUK)

By Shiri Gupta

Below are the three companies in the Electric Utilities industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Idacorp Inc ranks lowest with a projected earnings growth of 0.1%. Great Plains Ene is next with a projected earnings growth of 2.2%. Pinnacle West ranks third lowest with a projected earnings growth of 2.7%.

Ppl Corp follows with a projected earnings growth of 2.9%, and Duke Energy Corp rounds out the bottom five with a projected earnings growth of 3.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ppl Corp on April 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $30.90. Since that call, shares of Ppl Corp have fallen 5.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth idacorp inc great plains ene pinnacle west ppl corp duke energy corp

Ticker(s): IDA GXP PNW PPL DUK