Centrais Elétricas Brasileiras S.A. – Eletrobrás (EBR) Expected to Announce Earnings on Thursday

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) will likely be releasing its earnings data before the market opens on Thursday, March 27th. Analysts expect Centrais Elétricas Brasileiras S.A. – Eletrobrás to post earnings of $0.11 per share and revenue of $10.17 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) last released its earnings results on Friday, March 14th. The utilities provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08). The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $10.17 billion. Centrais Elétricas Brasileiras S.A. – Eletrobrás had a return on equity of 9.00% and a net margin of 26.50%. On average, analysts expect Centrais Elétricas Brasileiras S.A. – Eletrobrás to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Stock Up 1.7 %

Shares of EBR stock opened at $7.33 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.06. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a fifty-two week low of $5.45 and a fifty-two week high of $8.57. The firm has a market capitalization of $16.46 billion, a PE ratio of 8.94, a P/E/G ratio of 4.35 and a beta of 1.00. The stock’s 50-day simple moving average is $6.48 and its 200-day simple moving average is $6.44.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Company Profile

Centrais Elétricas Brasileiras SA – Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW.