Iberdrola Reported Strong Results But Faces Challenges -- Market Talk

Dow Jones

2025/02/27

1015 GMT - Iberdrola reported strong results for 2024 but going forward, earnings are likely to be affected by lower power prices, RBC Capital Markets analysts write. For 2025, the Spanish utility company guided for mid-to-high single-digit growth in net profit after reporting 5.61 billion euros in 2024. This compares with consensus expectation of 4.8% growth, and RBC's expectations of 6.3% growth, the analysts write. Iberdrola could also face potential issues in its U.S. offshore wind division, the analysts wrote. Shares fall 0.4% to 13.91 euros. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 05:15 ET (10:15 GMT)

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For 2025, the Spanish utility company guided for mid-to-high single-digit growth in net profit after reporting 5.61 billion euros in 2024. This compares with consensus expectation of 4.8% growth, and RBC's expectations of 6.3% growth, the analysts write. Iberdrola could also face potential issues in its U.S. offshore wind division, the analysts wrote. Shares fall 0.4% to 13.91 euros. 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(adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 05:15 ET (10:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4081","symbol_name":"電力公用事業","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514871323","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514871323","pubTimestamp":1740651300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1015 GMT - Iberdrola reported strong results for 2024 but going forward, earnings are likely to be affected by lower power prices, RBC Capital Markets analysts write. 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This compares with consensus expectation of 4.8% growth, and RBC's expectations of 6.3% growth, the analysts write. Iberdrola could also face potential issues in its U.S. offshore wind division, the analysts wrote. Shares fall 0.4% to 13.91 euros. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 05:15 ET (10:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}