FINWIRES · TerminalLIVE
FINWIRES

Fortis公佈第一季公用事業銷售業績喜憂參半，成長專案進展順利

By

-- Fortis (FTS) 週三公佈了第一季財報，旗下多個公用事業部門的電力和天然氣銷售額均有所下降，但該公司在北美地區推進了多個大型輸電、液化天然氣和數據中心項目。 Fortis 表示，其子公司 UNS Energy 第一季零售電力銷售額為 2,148 吉瓦時，低於去年同期的 2,136 吉瓦時；批發電力銷售額則從 1,157 吉瓦時降至 998 吉瓦時。 這家加拿大電力和天然氣公用事業公司報告稱，其子公司 FortisBC Energy 第一季天然氣銷售額為 76 拍焦耳，低於去年同期的 81 拍焦耳。 FortisAlberta 在第一季電力交付量增至 4,665 吉瓦時，高於去年同期的 4,597 吉瓦時。 截至3月31日的季度，Central Hudson售出電力1,387吉瓦時，而去年同期為1,375吉瓦時。天然氣銷售量較去年同期成長至10拍焦耳，去年同期為9拍焦耳。 FortisBC Electric報告稱，該季度售出電力957吉瓦時，低於去年同期的1,016吉瓦時。 其他電力業務在該季度售出電力3,154吉瓦時，低於去年同期的3,165吉瓦時。 Fortis在該季度投入14億加元（10.3億美元）用於資本項目，並表示其56億加元的年度資本計劃仍在按計劃進行。 該公司計劃在2030年將其費率基礎從2025年的424億加元增長至579億加元。 ITC於3月份完成了一座變電站的建設，以支援位於大雪松工業中心的資料中心新增的300兆瓦負載。 Fortis也持續推動輸電升級，計畫在2028年新增1600兆瓦的負載。 Fortis還在4月份獲得了信貸支持，用於一項與計劃在亞利桑那州建設的數據中心相關的能源供應協議，該數據中心的初始電力需求約為300兆瓦。

Price: $56.74, Change: $-0.70, Percent Change: -1.22%

Related Articles

Mining & Metals

Stifel Canada on Cargojet's "Solid" Q1

Cargojet (CJT.TO) reported solid first-quarter results despite the macro volatility, underpinned by resilient domestic network performance and growth in new charter business in South/Central America, notes Stifel Canada.Analyst Daryl Young, who is maintaining a buy rating and $120.00 price target on the company's shares, notes that, at first look, Cargojet's adjusted EBITDA of $81.9 million was 4.9% above consensus.Management provided a constructive outlook, with the domestic network performing well through April, while the new charter customers/routes are expected to smooth traditional seasonality across the year.Revenue associated with the grounding of the MD-11 jets last November is expected to continue through the third quarter of this year. The international aircraft, crew, maintenance and insurance (ACMI) business remains slow, but appears to have found a new run-rate for the north/south routes (east/west routes will still take time to recover), Young adds."Overall, we continue to think that CJT is doing a good job managing through the current depressed environment, with its fundamental results and share price poised to see upside as tariff/trade overhangs eventually fade."Price: $82.17, Change: $+4.47, Percent Change: +5.75%

$CJT.TO
Research

Research Alert: CFRA Maintains Hold Opinion On Lucid Group Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target to $6 from $10. Following a weaker-than-expected Q1 earnings release, we are maintaining a Hold opinion on LCID shares. We revise our adjusted EPS estimates to -$12.00 from -$12.70 for '26 and to -$11.10 from -$11.45 for '27. LCID posted Q1 adjusted EPS of -$2.82 vs. -$2.04, well short of the -$2.30 consensus. Revenue rose 20% to $282.5M ($76.0M below consensus) in Q1, led by higher prices, as total vehicle sales fell 1% to 3,093 units. In the release, LCID did not provide any update regarding prior 2026 vehicle production guidance of 25K-27K units (an implied increase over the 17,840 units produced in 2025). In our view, LCID's accelerating cash burn and rising inventories suggest ongoing risks. The company's ability to achieve sustainable growth while managing its substantial cash requirements remains the critical challenge as it seeks to establish a viable position in the competitive luxury EV market; however, a $1.5B capital raise last month helps extend its liquidity runway.

$LCID
Mining & Metals

RBC Lowers Colliers International Group's Price Target to US$155.00 From US$160.00, Maintains Outperform Rating

RBC Capital Markets maintained its outperform rating on the shares of Colliers International Group (CIGI.TO, CIGI) and lowered its price target to US$155.00 from US$160.00 after the company reported its first-quarter financial results.RBC characterized Q1 as "top-line strong but bottom-line wobbly.""Overall AEBITDA margin declined 67 bps to 9.5%, caused by: 1) CIGI has been investing in recruiting and IT investments to enable AI efficiencies within CRE, 2) Outsourcing had slower growth, 3) Lower utilization in residential development and telecom end markets in Engineering, 4) Higher than expected tax rate in Europe, 5) Integration under Harrison Street platform in IM, which has been well articulated in the past," stated RBC.While 2026 guidance was maintained, it relies on a strong H2, said RBC. CM and leasing appear on track to deliver "strong revenue growth", 25% expected for CM and 8% for leasing in 2026, which RBC expects to more fully flow through to EBITDA in H2, as it did last year. Europe and APAC "could be slowing somewhat" from the Iran war but NA "remains strong notwithstanding rate rise," it further stated."Given macro uncertainties and lingering AI impact overhang where one is 'guilty until proven innocent', CIGI's price action today suggests that the market has no patience for wobbly quarters nor backend-loaded guidance," said RBC in a note dated May 5, 2026.RBC continues to believe that for "patient investors", CIGI offers "good value" even under RBC's "more conservative" 2026 estimates at 13x AEPS and 10.5x AEBITDA."Our new PT of (US)$155 (-3%) is based on forward AEBITDA multiple of 12.5x, reflecting 11x for CRE, 12x for Engineering and 15x for IM. Maintain OP," added RBC.Price: $137.23, Change: $+5.09, Percent Change: +3.85%

$CIGI$CIGI.TO