RWE Logs Higher Q1 Attributable Net Income; Revenue Sinks

RWE

DE0007037129

RWE AG is one of the leading European energy groups. Net sales break down by activity as follows: - electricity and gas trading and distribution (67,4%): electricity (193,930 GWh sold in 2022) and gas (39,479 GWh); - renewable energy production (14.2%): wind, solar, hydroelectric and biomass energy production (156,794 GWh produced in 2022); - fossil and nuclear power generation (2.5%). Net sales are distributed geographically as follows: Germany (27.9%), the United Kingdom (39.3%), Europe (29.3%), North America (2.1%) and other (1.4%).

Sector

Multiline Utilities

Calendar

2024-08-14 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , DAX

More about the company

Income Statement Evolution

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Analysis / Opinion

RWE : Q1 24 : Supply & Trading earnings surprise on the upside

May 15, 2024 at 12:20 pm EDT

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Ratings for RWE AG

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

35.57 EUR

Average target price

45.64 EUR

Spread / Average Target

+28.32%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Multiline Utilities

	1st Jan change	Capi.
RWE AG	-14.06%	28.79B
ABU DHABI NATIONAL ENERGY COMPANY	-25.43%	80.82B
ACWA POWER COMPANY	+50.65%	77.54B
E.D.F.	-.--%	51.55B
SEMPRA	+3.28%	48.84B
NATIONAL GRID PLC	-14.56%	43.38B
ENGIE	-2.15%	40.81B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	+21.57%	37.03B
EON SE	+4.24%	35.69B
VEOLIA ENVIRONNEMENT	+9.03%	23.91B

Other Multiline Utilities

Real-time Estimate Tradegate Other stock markets 09:39:20 2024-06-05 am EDT			5-day change	1st Jan Change
35.12 ^EUR	-1.25%		+3.39%	-14.06%

02:00pm	No flood damage to nuclear waste storage facilities so far	DP
12:54pm	RWE AG(NEU) : Receives a Buy rating from Barclays	ZD

No flood damage to nuclear waste storage facilities so far	08:00am	DP
RWE AG(NEU) : Receives a Buy rating from Barclays	06:54am	ZD
RWE AG(NEU) : Buy rating from Goldman Sachs	06:44am	ZD
Billions in compensation for coal phase-out in the east	Jun. 04	DP
Dutch government considers buying shares in nuclear power station	Jun. 04	RE
EU approves 1.75 bln eur compensation for German coal exit, Germany says	Jun. 04	RE
Coal phase-out: Green light for billions in compensation for Leag	Jun. 04	DP
Energy consumption in Germany falls by 4.6 percent	Jun. 04	DP
RWE AG(NEU) : Gets a Buy rating from RBC	Jun. 03	ZD
Federal government wants to provide coal regions with more targeted support for structural change	Jun. 03	DP
Federal government wants to expand leeway for coal phase-out programs	Jun. 03	DP
Billions for power grid expansion: Overhead lines instead of underground cables?	Jun. 03	DP
Analysis: Wind and solar capacity in the EU increased by almost two thirds	Jun. 02	DP
RWE starts planning for hydrogen gas-fired power plant in Werne	May. 29	DP
RWE AG(NEU) : Buy rating from Barclays	May. 28	ZD
German Shares Close Higher on Stable ifo Business Climate Index	May. 27	MT
U.S. Opposes European Plan to Censure Iran Over Nuclear Work -- Commodities Roundup	May. 27	DJ
RWE to Develop Nordseecluster Offshore Wind Projects Offshore Germany	May. 27	MT
RWE: project for two wind farms in Germany	May. 27	CF
RWE to Build Two Wind Farms in North Sea off German Coast	May. 27	DJ
RWE AG(NEU) : Buy rating from Bernstein	May. 24	ZD
Utilities EPS have not factored the rapid surge in energy prices	May. 24
Microsoft Signs Two Power Purchase Agreements With RWE	May. 23	MT
RWE AG(NEU) : Deutsche Bank keeps its Buy rating	May. 23	ZD
Europe stock pickers go old-school to ride the next wave in AI	May. 22	RE

RWE AG

Equities

RWE