Mercury NZ Looks Likely to Beat Earnings Guidance

Dow Jones07-24

2231 GMT - Power generator Mercury NZ's strong end to FY26 means it will comfortably beat earnings guidance, Forsyth Barr says. Mercury NZ was able to expand profit margins in 4Q as a result of improved electricity trading. Conditions in the quarter, with hydro-generation volumes some 18% above average and wind-power output up 6% on year. Forsyth Barr expects Mercury NZ's Ebitdaf totaled NZ$1.069 billion in FY26. That is 2% above the power company's own guidance. "Looking ahead, further earnings growth will come from its new generation projects (Ngā Tamariki, Kaiwera Downs 2, and Kaiwaikawe), partially offset by falling electricity futures prices, its Manawa hedge contract repricing and, in the near term, expected El Niño impacts," analyst Andrew Harvey-Green says. Forsyth Barr retains a "neutral" call on the stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 23, 2026 18:31 ET (22:31 GMT)

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Forsyth Barr expects Mercury NZ's Ebitdaf totaled NZ$1.069 billion in FY26. That is 2% above the power company's own guidance. \"Looking ahead, further earnings growth will come from its new generation projects (Ngā Tamariki, Kaiwera Downs 2, and Kaiwaikawe), partially offset by falling electricity futures prices, its Manawa hedge contract repricing and, in the near term, expected El Niño impacts,\" analyst Andrew Harvey-Green says. Forsyth Barr retains a \"neutral\" call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 18:31 ET (22:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mercury NZ Looks Likely to Beat Earnings Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMercury NZ Looks Likely to Beat Earnings Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-24 06:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2231 GMT - Power generator <a href=\"https://laohu8.com/S/MGHTF\">Mercury NZ</a>'s strong end to FY26 means it will comfortably beat earnings guidance, Forsyth Barr says. <a href=\"https://laohu8.com/S/MCY.NZ\">Mercury NZ</a> was able to expand profit margins in 4Q as a result of improved electricity trading. Conditions in the quarter, with hydro-generation volumes some 18% above average and wind-power output up 6% on year. Forsyth Barr expects Mercury NZ's Ebitdaf totaled NZ$1.069 billion in FY26. That is 2% above the power company's own guidance. \"Looking ahead, further earnings growth will come from its new generation projects (Ngā Tamariki, Kaiwera Downs 2, and Kaiwaikawe), partially offset by falling electricity futures prices, its Manawa hedge contract repricing and, in the near term, expected El Niño impacts,\" analyst Andrew Harvey-Green says. Forsyth Barr retains a \"neutral\" call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 18:31 ET (22:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRCY","symbol_name":"Mercury Systems Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653462771","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653462771","pubTimestamp":1784845860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2231 GMT - Power generator Mercury NZ's strong end to FY26 means it will comfortably beat earnings guidance, Forsyth Barr says. Mercury NZ was able to expand profit margins in 4Q as a result of improved electricity trading. Conditions in the quarter, with hydro-generation volumes some 18% above average and wind-power output up 6% on year. Forsyth Barr expects Mercury NZ's Ebitdaf totaled NZ$1.069 billion in FY26. That is 2% above the power company's own guidance. \"Looking ahead, further earnings growth will come from its new generation projects , partially offset by falling electricity futures prices, its Manawa hedge contract repricing and, in the near term, expected El Nio impacts,\" analyst Andrew Harvey-Green says. Forsyth Barr retains a \"neutral\" call on the stock.  Dow Jones NewswiresJuly 23, 2026 18:31 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MRCY":"Mercury Systems Inc"},"translate_title":"Mercury NZ 看起来可能会超出盈利指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MRCY":1.5},"content_text":"2231 GMT - Power generator Mercury NZ's strong end to FY26 means it will comfortably beat earnings guidance, Forsyth Barr says. Mercury NZ was able to expand profit margins in 4Q as a result of improved electricity trading. Conditions in the quarter, with hydro-generation volumes some 18% above average and wind-power output up 6% on year. Forsyth Barr expects Mercury NZ's Ebitdaf totaled NZ$1.069 billion in FY26. That is 2% above the power company's own guidance. \"Looking ahead, further earnings growth will come from its new generation projects (Ngā Tamariki, Kaiwera Downs 2, and Kaiwaikawe), partially offset by falling electricity futures prices, its Manawa hedge contract repricing and, in the near term, expected El Niño impacts,\" analyst Andrew Harvey-Green says. Forsyth Barr retains a \"neutral\" call on the stock. 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