(Reuters) – Exalton expects the annual profit to win over Wall Street’s estimates on Wednesday, as the American tool expects to benefit from the high rates of electricity and natural gas.
American facilities seek to raise customer power bills to finance infrastructure promotions, as electrical networks in the country face extremist and increasing air events from the electrification of the industry and the expansion of the data center.
Exilon said it is planning to invest $ 38 billion of capital expenditures over the next four years, which is 10 % higher than its previous plan.
“With the growth of the four-year capital plan driven by investment needs throughout our regions, we still expect annual growth by 5-7 % until 2028,” said financial director Jane Jones.
Eglon said that many prices were approved by the organizers and entered into force earlier this year. The facilities subject to regulation use actional state procedures to determine the amount that customers need to pay in exchange for electricity and natural gas services.
As a result, the Chicago -based company said that it expects the modified operating profits to be 2025 in the range of $ 2.64 per share to $ 2.74 per share, compared to the average estimate of the 2.63 analysts per share, according to the data collected by LSEG.
EXLON has published a 64 -cents modified operating profit per share for the fourth quarter ending on December 31, above the estimated analysts of 59 cents per share.
The shares of the company increased more than 1 % in trading before the bell.
(Participated in the reports of Valely Srivastava in Bangaluru; edited by Vijay Kishor and Shayelish Cooper)
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