E.ON's 2025, 2028 Guidance Is Ahead of Consensus Expectations -- Market Talk

Dow Jones
Feb 26

0823 GMT - E.ON investors should welcome its strong 2025 and 2028 guidance, analysts at J.P.Morgan write in a note to clients. The guidance is respectively 5% and 3% above market expectations, the analysts write. E.ON also announced a 1 billion euro capital expenditure increase, which could be even higher if regulatory outcomes in Germany are favorable, they say. "The market underappreciates the growth and value creation in E.ON's existing capex plan, let alone any potential self-funded upside," they add. Shares trade up 2.9% at 12.41 euros. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

February 26, 2025 03:23 ET (08:23 GMT)

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