Verbund's Raised Guidance Unlikely to Move Consensus -- Market Talk

Dow Jones

Nov 07, 2024

1429 GMT - While Verbund's guidance lift is positive, it is largely driven by higher volumes, Citi analysts write in a research note. This could potentially limit its influence on consensus forecasts, they say. Meanwhile, investor sentiment on the stock remains heavily influenced by European gas prices, which could stabilize faster following the U.S. presidential election, potentially benefiting shares, the analysts say. The Austrian power utility's third-quarter Ebitda fell 33% on year and was 2% below Citi's forecast. Adjusted net income declined 31% but beat Citi's estimates by 2%. The decrease was mainly due to lower power prices. Shares are up 1.3% at 73.15 euros. (christian.moess@wsj.com)

(END) Dow Jones Newswires

November 07, 2024 09:30 ET (14:30 GMT)

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This could potentially limit its influence on consensus forecasts, they say. Meanwhile, investor sentiment on the stock remains heavily influenced by European gas prices, which could stabilize faster following the U.S. presidential election, potentially benefiting shares, the analysts say. The Austrian power utility's third-quarter Ebitda fell 33% on year and was 2% below Citi's forecast. Adjusted net income declined 31% but beat Citi's estimates by 2%. The decrease was mainly due to lower power prices. Shares are up 1.3% at 73.15 euros. (christian.moess@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 07, 2024 09:30 ET (14:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Verbund's Raised Guidance Unlikely to Move Consensus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVerbund's Raised Guidance Unlikely to Move Consensus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-07 22:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1429 GMT - While Verbund's guidance lift is positive, it is largely driven by higher volumes, Citi analysts write in a research note. This could potentially limit its influence on consensus forecasts, they say. Meanwhile, investor sentiment on the stock remains heavily influenced by European gas prices, which could stabilize faster following the U.S. presidential election, potentially benefiting shares, the analysts say. The Austrian power utility's third-quarter Ebitda fell 33% on year and was 2% below Citi's forecast. Adjusted net income declined 31% but beat Citi's estimates by 2%. The decrease was mainly due to lower power prices. Shares are up 1.3% at 73.15 euros. (christian.moess@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 07, 2024 09:30 ET (14:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OEZVY","symbol_name":"Verbund AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481183185","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481183185","pubTimestamp":1730989800,"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":"1429 GMT - While Verbund's guidance lift is positive, it is largely driven by higher volumes, Citi analysts write in a research note. 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This could potentially limit its influence on consensus forecasts, they say. Meanwhile, investor sentiment on the stock remains heavily influenced by European gas prices, which could stabilize faster following the U.S. presidential election, potentially benefiting shares, the analysts say. The Austrian power utility's third-quarter Ebitda fell 33% on year and was 2% below Citi's forecast. Adjusted net income declined 31% but beat Citi's estimates by 2%. The decrease was mainly due to lower power prices. Shares are up 1.3% at 73.15 euros. (christian.moess@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 07, 2024 09:30 ET (14:30 GMT)\n\n\n  Copyright (c) 2024 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"}}}