5 Utilities Stocks Preparing to Release Earnings This Week

NiSource, Inc. (NYSE:NI) will unveil its latest earnings on Tuesday, May 1, 2012. The average estimate of analysts is for profit of 72 cents per share, a rise of 1.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 75 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 73 cents during the last month. Analysts are projecting profit to rise by 9.9% compared to last year’s $1.44.

The company missed estimates last quarter after beating forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 31 cents per share versus a mean estimate of profit of 36 cents per share. In the third quarter of the last fiscal year, the company beat estimates by one cent. Analysts are projecting a decline of 1.9% in revenue from the year-earlier quarter to $2.1 billion.

ONEOK, Inc. (NYSE:OKE) will unveil its latest earnings on Tuesday, May 1, 2012. The average estimate of analysts is for net income of $1.33 per share, a rise of 11.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.34. Between one and three months ago, the average estimate moved up. It has dropped from $1.37 during the last month. Analysts are projecting profit to rise by 9.6% versus last year to $3.66.

Last quarter, the company beat estimates by 2 cents, coming in at profit of $1.08 per share against an estimate of net income of. The company also topped expectations in the third quarter of the last fiscal year. On average, analysts predict $4.69 billion in revenue this quarter, a rise of 21.2% from the year-ago quarter. Analysts are forecasting total revenue of $16.52 billion for the year, a rise of 11.5% from last year’s revenue of $14.81 billion.

AGL Resources, Inc. (NYSE:GAS) will unveil its latest earnings on Tuesday, May 1, 2012. The average analyst estimate is for net income of $1.34 per share, a decline of 17.8% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.42. Between one and three months ago, the average estimate moved down. It also has dropped from $1.37 during the last month. Analysts are projecting profit to rise by 3.8% compared to last year’s $2.81.

Last quarter, the company missed estimates by 5 cents, coming in at profit of 87 cents per share versus a mean estimate of net income of 92 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 2 cents. Analysts are projecting a rise of 19.9% in revenue from the year-earlier quarter to $886 million.

TECO Energy, Inc. (NYSE:TE) will unveil its latest earnings on Tuesday, May 1, 2012. The average estimate of analysts is for profit of 25 cents per share, a rise of 4.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 26 cents. Between one and three months ago, the average estimate moved down. It has risen from 24 cents during the last month. Analysts are projecting profit to rise by 6.3% versus last year to $1.35.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of 25 cents per share against a mean estimate of 28 cents. Two quarters ago, it beat expectations by 2 cents with profit of 42 cents. Analysts predict a decline of 2.4% in revenue from the year-earlier quarter to $776.8 million.

Wisconsin Energy Corp (NYSE:WEC) will unveil its latest earnings on Tuesday, May 1, 2012. The average analyst estimate is for profit of 75 cents per share, a rise of 4.2% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved up. It has dropped from 76 cents during the last month. For the year, analysts are projecting net income of $2.27 per share, a rise of 4.1% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting profit of 49 cents per share against a mean estimate of net income of 47 cents per share. Analysts predict a decline of 3.8% in revenue from the year-earlier quarter to $1.28 billion.