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Live Updates  >  Live Update Details

2025-10-29 20:22:55

[US Electric Spends $72 Billion! Capital Expenditure Surges, Boosting Stock Price 3.2%] ⑴ US Electric's pre-market stock price rose 3.2% to $118.80, as a significant increase in capital expenditure plans boosted market confidence. ⑵ The five-year capital expenditure plan surged from $54 billion to $72 billion, an increase of $18 billion. ⑶ The massive investment aims to meet unprecedented electricity demand growth, highlighting the industry's long-term positive outlook. ⑷ Third-quarter total revenue increased by nearly 11% year-on-year to $6.01 billion, demonstrating strong revenue growth. ⑸ Adjusted earnings per share were $1.80, slightly below the market expectation of $1.81, but the impact was offset by the capital plan. ⑹ As of the previous trading day, the stock had accumulated a 24.8% gain this year, significantly outperforming the broader market index. ⑺ The aggressive expansion of capital expenditure reflects the company's extreme optimism about the electricity demand outlook, which is expected to drive development across the entire industry chain. ⑻ The strong stock performance shows that investors recognize its long-term strategic layout and are willing to tolerate slight short-term profit underperformance.

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