Companhia Paranaense de Energia – COPEL (NYSE:ELP) Announces Earnings Results

Companhia Paranaense de Energia – COPEL (NYSE:ELP) posted its quarterly earnings data on Friday. The utilities provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23), Zacks reports. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $657.55 million. Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%.

Companhia Paranaense de Energia – COPEL Price Performance

Companhia Paranaense de Energia – COPEL stock opened at $6.65 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45. Companhia Paranaense de Energia – COPEL has a 52 week low of $5.72 and a 52 week high of $8.30. The firm has a market cap of $3.64 billion, a P/E ratio of 9.93 and a beta of 1.00. The business’s fifty day moving average is $6.43 and its two-hundred day moving average is $6.82.

About Companhia Paranaense de Energia – COPEL

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.