Centrica Swings to Higher Profit Than Expected, Lifts Dividend -- Update [MarketWatch]
CENTRICA PLC S/ADR (CPYYY)
NASDAQ:AMEX Investor Relations:
centrica.com/investors
Company Research
Source: MarketWatch
The U.K. energy company, which owns British Gas, said Thursday that it swung to a pretax profit of 6.47 billion pounds ($8.13 billion) last year from a loss of GBP383 million in 2022, thanks in particular to a strong performance in the British Gas energy unit, driving retail profit to GBP799 million from GBP94 million a year prior. Advertisement The significant jump also include a material one-off gain on exceptional items and certain re-measurements of GBP3.76 billion. The market had expected a profit of GBP2.605 billion, based on a consensus of four analysts' forecasts provided by FactSet. Operating profit adjusted for exceptional and one-off items fell to GBP2.75 billion from GBP3.31 billion a year prior, slightly above market expectations. Advertisement The bulk of the operating profit gains came from the Centrica Energy segment--formerly known as energy marketing & trading--and Upstream segment, booking GBP774 million and GBP1.08 billion gains, respectively. Both, ho
Show less
Read more
Impact Snapshot
Event Time:
CPYYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPYYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPYYY alerts
High impacting CENTRICA PLC S/ADR news events
Weekly update
A roundup of the hottest topics
CPYYY
News
- Octopus Energy becomes Britain's largest home electricity supplier [Reuters]Reuters
- An Ex-Pentagon Hacker Raises $20 Million To Stop ChatGPT-Fueled Cyberattacks [Forbes]Forbes
- Why Centrica plc (LON:CNA) Could Be Worth Watching [Yahoo! Finance]Yahoo! Finance
- Centrica Trading Error May Have Resulted in Free Nordic Power [BNN Bloomberg (Canada)]BNN Bloomberg
- ITT Nominates Christopher O'Shea for Election to Board of Directors [Yahoo! Finance]Yahoo! Finance