Centrais Elétricas Brasileiras S.A. – Eletrobrás (EBR) Projected to Post Earnings on Thursday

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) is expected to announce its earnings results 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 that wish to listen to the company’s conference call can do so using this link.

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) last posted its quarterly earnings results on Friday, March 14th. The utilities provider reported $0.03 earnings per share 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 business had revenue of $1.67 billion during the quarter, compared to the consensus estimate 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 3.3 %

EBR stock opened at $7.40 on Thursday. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 1-year low of $5.45 and a 1-year high of $8.57. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 2.04. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 4.35 and a beta of 1.00. The business has a 50 day simple moving average of $6.34 and a two-hundred day simple moving average of $6.46.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Cuts Dividend

The firm also recently declared a — dividend, which was paid on Tuesday, January 21st. Shareholders of record on Monday, December 30th were paid a $0.1414 dividend. The ex-dividend date was Monday, December 30th. This represents a yield of 1%. Centrais Elétricas Brasileiras S.A. – Eletrobrás’s payout ratio is 23.17%.

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.