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NextEra Energy Partners: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

JUNO BEACH, Fla. (AP) — JUNO BEACH, Fla. (AP) — NextEra Energy Partners LP (NEP) on Tuesday reported third-quarter profit of $53 million.The Juno Beach, Florida-based company said it had net income of 57 cents per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.The limited partnership for clean-energy projects posted revenue of $367 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $417 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEP at https://www.zacks.com/ap/NEPSource

Anywhere Real Estate: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

MADISON, N.J. (AP) — MADISON, N.J. (AP) — Anywhere Real Estate Inc. (HOUS) on Tuesday reported earnings of $129 million in its third quarter.On a per-share basis, the Madison, New Jersey-based company said it had net income of $1.15. Earnings, adjusted for one-time gains and costs, were 15 cents per share.The real estate brokerage operator posted revenue of $1.58 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOUS at https://www.zacks.com/ap/HOUSSource

NextEra: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

JUNO BEACH, Fla. (AP) — JUNO BEACH, Fla. (AP) — NextEra Energy Inc. (NEE) on Tuesday reported third-quarter earnings of $1.22 billion.On a per-share basis, the Juno Beach, Florida-based company said it had net income of 60 cents. Earnings, adjusted for non-recurring costs, came to 94 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.The parent company of Florida Power & Light Co. posted revenue of $7.17 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $7.45 billion.NextEra expects full-year earnings in the range of $2.98 to $3.13 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEE at https://www.zacks.com/ap/NEESource

RTX: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — RTX Corporation (RTX) on Tuesday reported a loss of $984 million in its third quarter.On a per-share basis, the Arlington, Virginia-based company said it had a loss of 68 cents. Earnings, adjusted for one-time gains and costs, came to $1.25 per share.The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.The an aerospace and defense company posted revenue of $13.46 billion in the period. Its adjusted revenue was $18.95 billion, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $18.71 billion.RTX expects full-year earnings in the range of $4.98 to $5.02 per share, with revenue expected to be $74 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTX at https://www.zacks.com/ap/RTXSource

Georgia prosecutors are picking up cooperators in the Trump 2020 election case. Will it matter?

Published Tue, 05 Nov 2024 10:45:17 GMT

ATLANTA (AP) — Sidney Powell was present for a now-infamous December 2020 meeting at the White House where participants hatched far-fetched schemes to keep Donald Trump in power and was so tied to the then-president that he once considered naming her a special counsel to probe claims of election fraud.Kenneth Chesebro was part of a small coterie of advisers who prosecutors say prodded Republicans in battleground states to submit slates of fake electors who would falsely assert that Trump, not Democrat Joe Biden, was victorious.Yet rather than continue to stand behind Trump, the two lawyers cut deals last week with prosecutors in Fulton County, Georgia, agreeing to plead guilty and cooperate instead of face trial in the indictment that charged them, the ex-president and 16 others with illegally plotting to overturn the 2020 election. The deals ensure the cooperation of two witnesses who could presumably offer insider accounts of the desperate scheming to help Trump remain president —...

Coke raises full-year sales forecast after stronger-than-expected third quarter

Published Tue, 05 Nov 2024 10:45:17 GMT

Coca-Cola raised its full-year revenue forecast Tuesday after a stronger-than-expected third quarter.Atlanta-based Coke said it now expects its organic revenue will be up 10% to 11% for the year. That’s up from the 8% to 9% guidance Coke announced at the end of the second quarter. Coke expects earnings __ adjusted for currency variations __ will grow 13% to 14%, up from a previous forecast of 9% to 11%.Coke’s shares rose 2% in premarket trading Tuesday.Coke said its global case volumes rose 2% for the July-September period. Coffee sales saw the strongest growth, as demand grew in the United Kingdom and China. Coca-Cola Zero Sugar sales were up 3% on growing demand in Latin America and North America. Powerade sports drink sales also grew 3%.Water sales were up 1%, while tea sales fell 1% on declining demand in Turkey and Latin America.Net revenue grew 8% to $11.9 billion in the July-September period, topping the $11.4 billion that Wall Street had forecast, according to an...

City Holding: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

CHARLESTON, W.Va. (AP) — CHARLESTON, W.Va. (AP) — City Holding Co. (CHCO) on Tuesday reported third-quarter profit of $29.8 million.The Charleston, West Virginia-based bank said it had earnings of $1.98 per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.91 per share.The bank holding company for City National Bank of West Virginia posted revenue of $87.6 million in the period. Its revenue net of interest expense was $73.3 million, also beating Street forecasts.City Holding shares have fallen roughly 5% since the beginning of the year. The stock has fallen 12% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHCO at https://www.zacks.com/ap/CHCOSource

HCA: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Tuesday reported third-quarter profit of $1.08 billion.On a per-share basis, the Nashville, Tennessee-based company said it had net income of $3.91.The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.97 per share.The hospital operator posted revenue of $16.21 billion in the period, exceeding Street forecasts. Nine analysts surveyed by Zacks expected $15.77 billion.HCA expects full-year earnings to be $17.80 to $18.50 per share, with revenue in the range of $63.5 billion to $64.5 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCA at https://www.zacks.com/ap/HCASource

Mueller Industries: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 10:45:17 GMT

COLLIERVILLE, Tenn. (AP) — COLLIERVILLE, Tenn. (AP) — Mueller Industries Inc. (MLI) on Tuesday reported net income of $132.7 million in its third quarter.The Collierville, Tennessee-based company said it had profit of $1.17 per share.The copper, brass, aluminum and plastic products company posted revenue of $819.8 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLI at https://www.zacks.com/ap/MLISource

Developer proposes 2-month pause on controversial Belmar build

Published Tue, 05 Nov 2024 10:45:17 GMT

LAKEWOOD, Colo. (KDVR) — A proposed housing development on the edge of the Belmar neighborhood has some Lakewood residents fighting back against the building.The group of opponents took over public comment at the Lakewood City Council meeting Monday night. The proposed development would be on the park's east boundary at 777 S. Yarrow St.Many who have lived in this neighborhood for a while want to prevent the development from happening. The proposed building would have 412 units and 542 parking spaces. ‘Save Belmar Park’: Lakewood residents protest proposed apartment build Not only is increased traffic on narrow neighborhood roads a concern, but many are saying the removal of 69 mature trees and the danger to birds in the nearby ecosystem are big issues. Opponents believe removing trees would further contribute to climate change, and it goes against the city’s own sustainability plan. Proponents believe more housing is needed, and the current building on the property is already a...