Companhia Paranaense de Energia - COPEL (NYSE:ELP) Issues Quarterly Earnings Results

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

Companhia Paranaense de Energia - COPEL Stock Performance

Shares of NYSE ELP traded up $0.05 during trading hours on Tuesday, reaching $6.66. The stock had a trading volume of 289,574 shares, compared to its average volume of 271,731. The business's fifty day moving average is $6.46 and its two-hundred day moving average is $6.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 39.15 and a beta of 1.01. Companhia Paranaense de Energia - COPEL has a twelve month low of $5.72 and a twelve month high of $8.30.

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.