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TVA earnings rise in its first quarter of fiscal 2026
Summary by ExchangeMonitor
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TVA earnings rise in its first quarter of fiscal 2026
Tennessee Valley Authority (TVA) earnings increased in the first quarter of fiscal 2026 which the Knoxville-based federal utility attributed to higher sales thanks largely to weather impacts and growing demand from data processing and related sectors.. Net earnings for the first quarter of fiscal 2026 ended Dec. 31 were $266 million, up from $125 million, in the year-ago quarter. Quarterly revenue was $3 billion, up year-over-year from $2.9 bill…
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