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Pinnacle West has the Lowest Projected Earnings Growth in the Electric Utilities Industry (PNW, PPL, DUK, MGEE, PCG)

By James Quinn

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.

Pinnacle West ranks lowest with a projected earnings growth of 2.2%. Ppl Corp is next with a projected earnings growth of 2.9%. Duke Energy Corp ranks third lowest with a projected earnings growth of 3.2%.

Mge Energy Inc follows with a projected earnings growth of 3.4%, and Pg&E Corp rounds out the bottom five with a projected earnings growth of 3.8%.

SmarTrend recommended that subscribers consider buying shares of Pg&E Corp on March 13th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $43.83. Since that recommendation, shares of Pg&E Corp have risen 3.5%. We continue to monitor Pg&E Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth pinnacle west ppl corp duke energy corp mge energy inc pg&e corp

Ticker(s): PNW PPL DUK MGEE PCG