Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) Releases Earnings Results, Misses Estimates By $0.08 EPS

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR - Get Free Report) issued its quarterly earnings data 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. 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 analysts' expectations of $10.17 billion.

Centrais Elétricas Brasileiras S.A. - Eletrobrás Trading Down 0.2 %

Shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás stock traded down $0.02 during trading hours on Tuesday, reaching $7.16. The stock had a trading volume of 598,805 shares, compared to its average volume of 1,151,931. The firm has a 50 day simple moving average of $6.31 and a two-hundred day simple moving average of $6.45. The firm has a market capitalization of $16.07 billion, a price-to-earnings ratio of 8.73, a P/E/G ratio of 4.35 and a beta of 1.00. The company has a current ratio of 2.06, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. Centrais Elétricas Brasileiras S.A. - Eletrobrás has a 1 year low of $5.45 and a 1 year high of $8.57.

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 issued a $0.1414 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a dividend yield of 1%. Centrais Elétricas Brasileiras S.A. - Eletrobrás's dividend payout ratio (DPR) is 23.17%.

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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.