Month: October 2018

NEW YORK, Oct. 26, 2018 (GLOBE NEWSWIRE) — In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Chesapeake Utilities Corporation (NYSE:CPK), Schlumberger Limited (NYSE:SLB), American Eagle Outfitters, Inc. (NYSE:AEO), Spark Energy, Inc. (NASDAQ:SPKE), Maximus, Inc. (NYSE:MMS), and Novartis AG (NYSE:NVS), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research.

Complimentary Access: Research Reports

Full copies of recently published reports are available to readers at the links below.

CPK DOWNLOAD: http://MarketSourceResearch.com/register/?so=CPK
SLB DOWNLOAD: http://MarketSourceResearch.com/register/?so=SLB
AEO DOWNLOAD: http://MarketSourceResearch.com/register/?so=AEO
SPKE DOWNLOAD: http://MarketSourceResearch.com/register/?so=SPKE
MMS DOWNLOAD: http://MarketSourceResearch.com/register/?so=MMS
NVS DOWNLOAD: http://MarketSourceResearch.com/register/?so=NVS

(You may have to copy and paste the link into your browser and hit the [ENTER] key)

The new research reports from Market Source Research, available for free download at the links above, examine Chesapeake Utilities Corporation (NYSE:CPK), Schlumberger Limited (NYSE:SLB), American Eagle Outfitters, Inc. (NYSE:AEO), Spark Energy, Inc. (NASDAQ:SPKE), Maximus, Inc. (NYSE:MMS), and Novartis AG (NYSE:NVS) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Several excerpts from the recently released reports are available to today’s readers below.

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Important Notice: the following excerpts are not designed to be standalone summaries and as such, important information may be missing from these samples. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. All information in this release was accessed October 24th, 2018. Percentage calculations are performed after rounding. All amounts in millions (MM), except per share amounts.

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CHESAPEAKE UTILITIES CORPORATION (CPK) REPORT OVERVIEW

Chesapeake Utilities’ Recent Financial Performance

For the three months ended June 30th, 2018 vs June 30th, 2017, Chesapeake Utilities reported revenue of $136.66MM vs $125.08MM (up 9.26%) and analysts estimated basic earnings per share $0.39 vs $0.37 (up 5.41%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Chesapeake Utilities reported revenue of $617.58MM vs $498.86MM (up 23.80%) and analysts estimated basic earnings per share $3.56 vs $2.87 (up 24.04%). Analysts expect earnings to be released on November 8th, 2018. The report will be for the fiscal period ending September 30th, 2018. The reported EPS for the same quarter last year was $0.42. The estimated EPS forecast for the next fiscal year is $3.67 and is expected to report on February 27th, 2019.

To read the full Chesapeake Utilities Corporation (CPK) report, download it here: http://MarketSourceResearch.com/register/?so=CPK

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SCHLUMBERGER LIMITED (SLB) REPORT OVERVIEW

Schlumberger’s Recent Financial Performance

For the three months ended June 30th, 2018 vs June 30th, 2017, Schlumberger reported revenue of $8,303.00MM vs $7,462.00MM (up 11.27%) and analysts estimated basic earnings per share $0.31 vs -$0.05. For the twelve months ended December 31st, 2017 vs December 31st, 2016, Schlumberger reported revenue of $30,440.00MM vs $27,810.00MM (up 9.46%) and analysts estimated basic earnings per share -$1.08 vs -$1.24. Analysts expect earnings to be released on January 18th, 2019. The report will be for the fiscal period ending December 31st, 2018. Reported EPS for the same quarter last year was $0.48. The estimated EPS forecast for the next fiscal year is $2.25 and is expected to report on January 18th, 2019.

To read the full Schlumberger Limited (SLB) report, download it here: http://MarketSourceResearch.com/register/?so=SLB

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AMERICAN EAGLE OUTFITTERS, INC. (AEO) REPORT OVERVIEW

American Eagle Outfitters’ Recent Financial Performance

For the three months ended July 31st, 2018 vs July 31st, 2017, American Eagle Outfitters reported revenue of $964.85MM vs $844.56MM (up 14.24%) and analysts estimated basic earnings per share $0.34 vs $0.12 (up 183.33%). For the twelve months ended January 31st, 2018 vs January 31st, 2017, American Eagle Outfitters reported revenue of $3,795.55MM vs $3,609.87MM (up 5.14%) and analysts estimated basic earnings per share $1.15 vs $1.17 (down 1.71%). Analysts expect earnings to be released on December 5th, 2018. The report will be for the fiscal period ending October 31st, 2018. Reported EPS for the same quarter last year was $0.37. The estimated EPS forecast for the next fiscal year is $1.65 and is expected to report on March 14th, 2019.

To read the full American Eagle Outfitters, Inc. (AEO) report, download it here: http://MarketSourceResearch.com/register/?so=AEO

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SPARK ENERGY, INC. (SPKE) REPORT OVERVIEW

Spark Energy’s Recent Financial Performance

For the three months ended June 30th, 2018 vs June 30th, 2017, Spark Energy reported revenue of $232.25MM vs $151.44MM (up 53.37%) and basic earnings per share $0.41 vs $0.01 (up 4,000.00%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Spark Energy reported revenue of $798.06MM vs $546.70MM (up 45.98%) and analysts estimated basic earnings per share $1.20 vs $1.27 (down 5.51%). Analysts expect earnings to be released on November 2nd, 2018. The report will be for the fiscal period ending September 30th, 2018. The reported EPS for the same quarter last year was $0.11. The estimated EPS forecast for the next fiscal year is $0.29 and is expected to report on March 8th, 2019.

To read the full Spark Energy, Inc. (SPKE) report, download it here: http://MarketSourceResearch.com/register/?so=SPKE

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MAXIMUS, INC. (MMS) REPORT OVERVIEW

Maximus’ Recent Financial Performance

For the three months ended June 30th, 2018 vs June 30th, 2017, Maximus reported revenue of $597.86MM vs $600.45MM (down 0.43%) and analysts estimated basic earnings per share $0.91 vs $0.87 (up 4.60%). For the twelve months ended September 30th, 2017 vs September 30th, 2016, Maximus reported revenue of $2,450.96MM vs $2,403.36MM (up 1.98%) and analysts estimated basic earnings per share $3.19 vs $2.71 (up 17.71%). Analysts expect earnings to be released on November 8th, 2018. The report will be for the fiscal period ending September 30th, 2018. The reported EPS for the same quarter last year was $0.81. The estimated EPS forecast for the next fiscal year is $3.41 and is expected to report on November 8th, 2018.

To read the full Maximus, Inc. (MMS) report, download it here: http://MarketSourceResearch.com/register/?so=MMS

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NOVARTIS AG (NVS) REPORT OVERVIEW

Novartis AG’s Recent Financial Performance

For the three months ended September 30th, 2018 vs September 30th, 2017, Novartis AG reported revenue of $13,121.00MM vs $12,692.00MM (up 3.38%) and analysts estimated basic earnings per share $0.70 vs $0.89 (down 21.35%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Novartis AG reported revenue of $50,135.00MM vs $49,436.00MM (up 1.41%) and analysts estimated basic earnings per share $3.28 vs $2.82 (up 16.31%). Analysts expect earnings to be released on January 23rd, 2019. The report will be for the fiscal period ending December 31st, 2018. The reported EPS for the same quarter last year was $1.20. The estimated EPS forecast for the next fiscal year is $5.50 and is expected to report on January 23rd, 2019.

To read the full Novartis AG (NVS) report, download it here: http://MarketSourceResearch.com/register/?so=NVS

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ABOUT MARKET SOURCE RESEARCH

Market Source Research delivers the key research reports that helps serious investors, registered brokers, professional traders, and personal investment advisers find reliable information in today’s markets. Market Source Research’s team is comprised of financial professionals, many of which hold Chartered Financial Analyst® (CFA®) designations and FINRA® BrokerCheck® certifications. Whether identifying emerging trends, or discovering new opportunity, the team at Market Source Research is dedicated to providing accurate, informative, and objective content that’s ahead of the curve. With insights on individual companies as well as sectors, readers get the industry’s best available combination of big-picture perspective as well as granular detail.

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LEGAL NOTICES

Information contained herein is not an offer or solicitation to buy, hold, or sell any security. Market Source Research, Market Source Research members, and/or Market Source Research affiliates are not responsible for any gains or losses that result from the opinions expressed. Market Source Research makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. Market Source Research has not been compensated for the publication of this press release by any of the above mentioned companies. Market Source Research is not a financial advisory firm, investment adviser, or broker-dealer, and does not undertake any activities that would require such registration. For our full disclaimer, disclosure, and terms of service please visit our website.

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Source: Market Source Research

HOUSTON, Oct. 22, 2018 (GLOBE NEWSWIRE) — Spark Energy, Inc. (“Spark” or the “Company”) (NASDAQ: SPKE), an independent retail energy services company, today announced that the Company has signed a definitive agreement to acquire approximately 60,000 residential RCEs from a retail energy provider in the Mid-Atlantic and Midwest regions.

“This tuck-in acquisition is a perfect example of the types of transactions we continue to pursue,” said Nathan Kroeker, Spark’s President and Chief Executive Officer. “The transaction represents excellent value and we expect it to be accretive to Adjusted EBITDA in the fourth quarter of this fiscal year.  We believe this acquisition, along with our recent organic sales activity and the consolidation of our brands onto more efficient, cost-effective platforms will drive long-term, sustainable growth and value for shareholders.”

About Spark Energy, Inc.

Spark Energy, Inc. is an established and growing independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity. Headquartered in Houston, Texas, Spark currently operates in 19 states and serves 94 utility territories. Spark offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives.

We use our website as a means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD. Investors should note that new materials, including press releases, updated investor presentations, and financial and other filings with the Securities and Exchange Commission are posted on the Spark Energy Investor Relations website at ir.sparkenergy.com. Investors are urged to monitor our website regularly for information and updates about the Company.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. These forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) can be identified by the use of forward-looking terminology including “may,” “should,” “likely,” “will,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “plan,” “intend,” “projects,” or other similar words. All statements, other than statements of historical fact included in this press release, regarding strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans, objectives and beliefs of management are forward-looking statements. Forward-looking statements appear in a number of places in this press release and may include statements about business strategy and prospects for growth, customer acquisition costs, ability to pay cash dividends, cash flow generation and liquidity, availability of terms of capital, competition and government regulation and general economic conditions. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurance that such expectations will prove correct.

The forward-looking statements in this press release are subject to risks and uncertainties. Important factors that could cause actual results to materially differ from those projected in the forward-looking statements include, but are not limited to:

• changes in commodity prices and the sufficiency of risk management and hedging policies;
• extreme and unpredictable weather conditions, and the impact of hurricanes and other natural disasters;
• federal, state and local regulation, including the industry’s ability to address or adapt to potentially restrictive new regulations that may be enacted by the New York Public Service Commission;
• our ability to borrow funds and access credit markets and restrictions in our debt agreements and collateral requirements;
• credit risk with respect to suppliers and customers;
• changes in costs to acquire customers and actual customer attrition rates;
• accuracy of billing systems;
• whether our majority stockholder or its affiliates offer us acquisition opportunities on terms that are commercially acceptable to us;
• ability to successfully identify and complete, and efficiently integrate acquisitions into our operations;
• competition; and
• the “Risk Factors” in our latest Annual Report on Form 10-K, and in our quarterly reports, other public filings and press releases.

You should review the risk factors and other factors noted throughout or incorporated by reference in this press release that could cause our actual results to differ materially from those contained in any forward-looking statement. All forward-looking statements speak only as of the date of this press release. Unless required by law, we disclaim any obligation to publicly update or revise these statements whether as a result of new information, future events or otherwise. It is not possible for us to predict all risks, nor can we assess the impact of all factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Contact: Spark Energy, Inc.

Investors:

Christian Hettick, 832-200-3727

Media:

Kira Jordan, 832-255-7302

Source: Spark Energy, Inc.

Third Quarter 2018 Financial Results to be presented on Friday, November 2, 2018

HOUSTON, Oct. 18, 2018 (GLOBE NEWSWIRE) — Spark Energy, Inc. (“Spark” or the “Company”) (NASDAQ: SPKE), an independent retail energy services company (“Spark” or the “Company”), announced today that its Board of Directors has declared a quarterly cash dividend for the third quarter of 2018 in the amount of $0.18125 per share of Class A Common Stock. This amount represents an annualized dividend of $0.725 per share. The third quarter dividend will be paid on December 14, 2018 to holders of record of Spark’s Class A Common Stock on November 30, 2018.

Additionally, in accordance with the terms of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.546875 per share of the Series A Preferred Stock. This amount represents an annualized dividend of $2.1875 per share. The dividend will be paid on January 15, 2019 to holders of record of Spark’s Series A Preferred Stock on January 1, 2019.

Conference Call and Webcast

The company has also announced today that it plans to present its third quarter 2018 financial results in a conference call and webcast on Friday, November 2, 2018 at 10:00 AM Central (11:00 AM Eastern).

A live webcast of the conference call can be accessed from the Events & Presentations page of the Spark Energy Investor Relations website at ir.sparkenergy.com/events-and-presentations. An archived replay of the webcast will be available for twelve months following the live presentation.

About Spark Energy, Inc.

Spark Energy, Inc. is an established and growing independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity. Headquartered in Houston, Texas, Spark currently operates in 19 states and serves 94 utility territories. Spark offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives.

We use our website as a means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD. Investors should note that new materials, including press releases, updated investor presentations, and financial and other filings with the Securities and Exchange Commission are posted on the Spark Energy Investor Relations website at ir.sparkenergy.com. Investors are urged to monitor our website regularly for information and updates about the Company.

Contact: Spark Energy, Inc.

Investors:

Christian Hettick, 832-200-3727

Media:

Kira Jordan, 832-255-7302

Source: Spark Energy, Inc.