2qearnings
United Utilities Group PLC (LON:UU)’s revenue in the first six months of the year is forecast to rise 4% compared to last year. This reflects higher consumption as more people work from home and businesses resume operations following lockdowns, only partially offset by regulatory revenue reduction. Q2 2021 hedge fund letters, conferences and more Coupled with cost-saving initiatives this should lift underlying operating profit, though it will be somewhat offset by inflationary pressure. This doesn’t include a £380m one-time tax charge due to new tax legislation. The group expects a small incre...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the second-quarter results, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more The Second-Quarter Results Are Looking GoodOver 90% of the stocks in the S&P 500 have announced their first-quarter results and, so far, the average sales and earnings surprises are running at 3.7% and 23.2% (respectively) above consensus analyst estimates. This is why analysts are so busy revising their consensus sales and earnings estimates higher. I once predicted that sales and earnings momentum would peak in the first quarter...
ValueWalk
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