3 Utility Companies Set to Report Earnings to Investors

Sempra Energy (NYSE:SRE) will unveil its latest earnings on Thursday, May 3, 2012. The average analyst estimate is for profit of 96 cents per share, a decline of 10.3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.03. Between one and three months ago, the average estimate moved down. It has risen from 95 cents during the last month. Analysts are projecting profit to rise by 7.2% versus last year to $4.15.

The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of $1.21 per share against the mean estimate of $1.07. In the prior quarter, the company reported profit of $1.22. On average, analysts predict $2.33 billion in revenue this quarter, a decline of 4.1% from the year-ago quarter. Analysts are forecasting total revenue of $9.83 billion for the year, a decline of 2.1% from last year’s revenue of $10.04 billion.

NRG Energy, Inc. (NYSE:NRG) will unveil its latest earnings on Thursday, May 3, 2012. The average estimate of analysts is for net loss of 14 cents per share, a swing from profit of 28 cents in the year-earlier quarter. During the past three months, the average estimate has moved down from a loss of 10 cents. Between one and three months ago, the average estimate moved down. It has risen from a loss of 15 cents during the last month. For the year, analysts are projecting net income of 78 cents per share, a rise of 6.8% from last year.

Last quarter, the company beat estimates by 13 cents, coming in at a loss of 48 cents a share versus the estimate of net loss of 61 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 10% in revenue from the year-earlier quarter to $2.2 billion.

Northeast Utilities System (NYSE:NU) will unveil its latest earnings on Thursday, May 3, 2012. The average analyst estimate is for profit of 69 cents per share, no change from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 74 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 72 cents during the last month. For the year, analysts are projecting net income of $2.43 per share, a rise of 2.1% from last year.

The company beat estimates last quarter after falling short in the prior two. In the fourth quarter of the last fiscal year, the company reported profit of 74 cents per share versus a mean estimate of net income of 69 cents per share. In the third quarter of the last fiscal year, the company missed estimates by 4 cents. On average, analysts predict $1.41 billion in revenue this quarter, a rise of 13.7% from the year-ago quarter. Analysts are forecasting total revenue of $5.26 billion for the year, a rise of 17.7% from last year’s revenue of $4.47 billion.