Iberdrola (OTCMKTS:IBDRY) Posts Earnings Results, Misses Expectations By $0.36 EPS

Iberdrola (OTCMKTS:IBDRY - Get Free Report) posted its quarterly earnings results on Thursday. The utilities provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.36), Zacks reports. The business had revenue of $14.31 billion during the quarter, compared to analyst estimates of $14.31 billion. Iberdrola had a return on equity of 10.67% and a net margin of 14.67%.

Iberdrola Stock Up 0.2 %

Iberdrola stock traded up $0.10 during trading on Monday, reaching $57.93. The stock had a trading volume of 45,121 shares, compared to its average volume of 120,196. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 0.67. Iberdrola has a 52-week low of $45.46 and a 52-week high of $62.15. The stock has a market cap of $93.28 billion, a PE ratio of 13.26, a P/E/G ratio of 1.79 and a beta of 0.82. The business has a 50 day moving average price of $55.99 and a 200 day moving average price of $57.37.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised Iberdrola to a "hold" rating in a research note on Monday, December 2nd.

About Iberdrola

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.