Spain's Iberdrola raises profit guidance after strong Q1 [Reuters]
IBERDROLA SA S/ADR (IBDRY)
NASDAQ:AMEX Investor Relations:
iberdrola.com/shareholders-investors
Company Research
Source: Reuters
, opens new tab raised on Wednesday its profit target for the year after a strong first quarter on the back of high renewable output in Spain and price increases in its network business in the U.S. and elsewhere. The company now expects high-single-digit profit growth this year, from a previous guidance of a growth of between 5% and 7%. Europe's largest utility by market cap is reaping the benefits of its strategic shift towards upgrading and expanding grids in the United States and elsewhere while taking a more selective approach to renewable energy. Quarterly net profit rose to 2.76 billion euros ($2.95 billion) from 1.49 billion euros a year earlier. Excluding one-offs, like a 1.2 billion euro gain in the quarter on the sale of some of Iberdrola's assets in Mexico, profit rose 28%. "We have started positively in the delivery of our strategic plan to 2026," Executive Chairman Ignacio Sanchez Galan said in a statement. "Our record investment levels in the first quarter w
Show less
Read more
Impact Snapshot
Event Time:
IBDRY
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
IBDRY 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
IBDRY alerts
High impacting IBERDROLA SA S/ADR news events
Weekly update
A roundup of the hottest topics
IBDRY
News
- Energy Transitions Commission (ETC) Urges Government and Industry Collaboration to Overcome Perceptions of Offshore Wind Energy 'in Crisis' [Yahoo! Finance]Yahoo! Finance
- Australia grants feasibility licences for offshore wind farms [Reuters]Reuters
- Mexico proudly controls its energy but could find it hard to reach its climate goals [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Mexico proudly controls its energy but could find it hard to reach its climate goals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mexico proudly controls its energy but could find it hard to reach its climate goals [Yahoo! Finance]Yahoo! Finance