RWE's Earnings Contained No Big Surprises -- Market Talk
Dow Jones
May 15
0739 GMT - RWE's adjusted net profit beat expectations by 5% but overall it was a fairly vanilla earnings report, Morgan Stanley analysts write. Adjusted Ebitda was broadly in line with consensus expectations, and weaker earnings in its offshore-wind division were as expected given the unfavorable wind conditions, they add. RWE reiterated its full-year guidance, which was to be expected, the analysts say. Overall, the results aren't expected to deliver material upgrades to consensus earnings-per-share expectations, they add. Shares trade down 3.2% 31.18 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 15, 2025 03:39 ET (07:39 GMT)
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