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

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) will likely be posting its quarterly earnings results 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. Persons interested in participating in the company’s earnings 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.08). Centrais Elétricas Brasileiras S.A. – Eletrobrás had a return on equity of 9.00% and a net margin of 26.50%. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $10.17 billion. 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 Trading Down 1.6 %

EBR opened at $7.21 on Tuesday. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 4.35 and a beta of 1.00. The company has a quick ratio of 2.04, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a twelve month low of $5.45 and a twelve month high of $8.57. The company has a 50-day simple moving average of $6.44 and a 200 day simple moving average of $6.44.

About Centrais Elétricas Brasileiras S.A. – Eletrobrás

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.