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

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

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) last posted 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). Centrais Elétricas Brasileiras S.A. – Eletrobrás had a net margin of 26.50% and a return on equity of 9.00%. The company had revenue of $1.67 billion during 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 Up 1.7 %

EBR opened at $7.33 on Wednesday. The firm has a market cap of $16.46 billion, a P/E ratio of 8.94, 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. The business has a fifty day simple moving average of $6.48 and a 200-day simple moving average of $6.44. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 52 week low of $5.45 and a 52 week high of $8.57.

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.