Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, November 14th. Parties that wish to listen to the company's conference call can do so using this link.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.08. Companhia de Saneamento Básico do Estado de São Paulo - SABESP had a net margin of 15.00% and a return on equity of 13.34%. The company had revenue of $1.30 billion for the quarter. On average, analysts expect Companhia de Saneamento Básico do Estado de São Paulo - SABESP to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Trading Down 1.5 %
Shares of NYSE:SBS traded down $0.24 during trading hours on Thursday, hitting $15.93. 379,442 shares of the company's stock traded hands, compared to its average volume of 1,062,919. Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a 1 year low of $12.11 and a 1 year high of $18.36. The business has a fifty day moving average price of $16.50 and a 200-day moving average price of $15.77. The firm has a market capitalization of $10.89 billion, a P/E ratio of 13.64 and a beta of 1.16. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.36 and a quick ratio of 1.35.
Wall Street Analyst Weigh In
Several brokerages have issued reports on SBS. The Goldman Sachs Group upgraded Companhia de Saneamento Básico do Estado de São Paulo - SABESP to a "strong-buy" rating in a research report on Sunday, October 6th. StockNews.com lowered Companhia de Saneamento Básico do Estado de São Paulo - SABESP from a "buy" rating to a "hold" rating in a research report on Thursday, September 12th.
Read Our Latest Analysis on SBS
About Companhia de Saneamento Básico do Estado de São Paulo - SABESP
(
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Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.
Further Reading
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