Utilities Trade Focus On Quarterly Results For Long-Term Outlooks

Markit3.71K FollowersFollow5ShareSavePlay(6min)CommentsSummaryAs data center development fuels an unprecedented wave of large-load customer contracts, US electric utilities are emphasizing long-term spending and growth visibility over quarterly financial benchmarks.Avista and NorthWestern both project 4% to 6% long-term EPS, though NorthWestern expects that range to increase to 5% to 7% after its planned merger with Black Hills Corp. closes later in 2026.Local opposition to data centers has fueled calls for development moratoriums in places such as New York State and generated pushback against power plant developers. zhengzaishuru/iStock via Getty Images As data center development fuels an unprecedented wave of large-load customer contracts, US electric utilities are emphasizing long-term spending and growth visibility over quarterly financial benchmarks. Companies including FirstEnergy Corp. (FE), Public Service EnterpriseThis article was written byMarkit3.71K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.