Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR – Get Free Report) posted its quarterly earnings data on Friday. The utilities provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08), Zacks reports. Centrais Elétricas Brasileiras S.A. – Eletrobrás had a return on equity of 9.00% and a net margin of 26.50%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $10.17 billion.
Centrais Elétricas Brasileiras S.A. – Eletrobrás Price Performance
Shares of EBR traded up $0.17 during midday trading on Friday, reaching $7.02. The stock had a trading volume of 1,429,070 shares, compared to its average volume of 1,153,068. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 52 week low of $5.45 and a 52 week high of $8.72. 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 firm’s 50 day moving average price is $6.25 and its 200-day moving average price is $6.47. The company has a market capitalization of $15.76 billion, a P/E ratio of 7.23, a P/E/G ratio of 4.35 and a beta of 1.00.
Centrais Elétricas Brasileiras S.A. – Eletrobrás Cuts Dividend
The company also recently disclosed a — dividend, which was paid on Tuesday, January 21st. Stockholders of record on Monday, December 30th were paid 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 is presently 19.59%.
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.
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