Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR – Get Free Report) announced its quarterly earnings results on Friday. The utilities provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.08), Zacks reports. The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate 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%.
Centrais Elétricas Brasileiras S.A. – Eletrobrás Stock Performance
Centrais Elétricas Brasileiras S.A. – Eletrobrás stock traded up $0.17 during mid-day trading on Friday, hitting $7.02. 1,429,070 shares of the company’s stock traded hands, compared to its average volume of 1,153,068. The firm has a 50 day moving average price of $6.25 and a 200 day moving average price of $6.47. 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 company has a market cap of $15.76 billion, a PE ratio of 7.23, a price-to-earnings-growth ratio of 4.35 and a beta of 1.00. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a one year low of $5.45 and a one year high of $8.72.
Centrais Elétricas Brasileiras S.A. – Eletrobrás Cuts Dividend
The business also recently declared a — dividend, which was paid on Tuesday, January 21st. Investors of record on Monday, December 30th were issued a $0.1414 dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Monday, December 30th. Centrais Elétricas Brasileiras S.A. – Eletrobrás’s dividend payout ratio (DPR) is 19.59%.
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.
See Also
- Five stocks we like better than Centrais Elétricas Brasileiras S.A. – Eletrobrás
- Transportation Stocks Investing
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- How is Compound Interest Calculated?
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Where to Find Earnings Call Transcripts
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Centrais Elétricas Brasileiras S.A. - Eletrobrás Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrais Elétricas Brasileiras S.A. - Eletrobrás and related companies with MarketBeat.com's FREE daily email newsletter.