Contact's earnings report on Monday could be lightning rod for criticism

Contact's earnings report on Monday could be lightning rod for criticism
Contact will be hoping to get more geothermal energy up quickly. (Image: Contact)
Ian Llewellyn
Contact Energy will be the first major electricity company to report its full-year earnings on Monday as the sector copes with a fuel shortage and record high sustained wholesale energy prices.Its bottom-line profit will be a lightning rod for criticism as the sector faces political, regulatory, and public scrutiny over its operations.Jarden forecasts it will report earnings (ebitda) of $668 million, with a dividend estimate of 37c.  Shareholders and the company will be aware of the dangers of regulatory intervention. Still, they will also...

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