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CEMIG (CIG) Earnings Date, Estimates & Call Transcripts

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$2.08 +0.04 (+1.97%)
(As of 11/20/2024 ET)

CEMIG Latest Earnings Summary

Latest Q2 2024
Earnings Date
Aug. 13Estimated
Actual EPS
(Aug. 13)
$0.07 Beat By $0.07

CEMIG issued Q2 2024 earnings on August 13, 2024, reporting an EPS of $0.07. Quarterly revenue was reported to be $1.81 billion. With a trailing EPS of $0.42 and a P/E Ratio of 4.97, CEMIG's earnings are expected to decrease -22.22% next year, from $0.36 to $0.28 per share.

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CIG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CIG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

CEMIG Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.36 EPS
Next Year EPS Consensus Estimate: $0.28 EPS

CEMIG Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/13/2024Q2 2024-$0.07+$0.07$0.03-$1.81B
5/14/2024Q1 2024-$0.08+$0.08$0.08-$1.83B
4/30/2024Q4 2023-$0.13+$0.13$0.13-$2.01B  
11/7/2023Q3 2023-$0.09+$0.09$0.09-$1.93B
9/12/2023Q2 2023-$0.0923+$0.0923$0.12-$1.78B  
5/16/2023Q4 2022-$0.0923+$0.0923$0.12-$1.85B
5/4/2023Q1 2023-$0.0923+$0.0923$0.12-$1.66B  

CEMIG Earnings - Frequently Asked Questions

CEMIG (NYSE:CIG) last announced its quarterly earning data on Tuesday, August 13, 2024. Learn more on CIG's earnings history.

CEMIG (NYSE:CIG) has a recorded annual revenue of $7.38 billion.

CEMIG (NYSE:CIG) has a recorded net income of $1.15 billion. CIG has generated $0.42 earnings per share over the last four quarters.

CEMIG (NYSE:CIG) has a trailing price-to-earnings ratio of 4.97 and a forward price-to-earnings ratio of 5.76.

CEMIG's earnings are expected to decrease from $0.36 per share to $0.28 per share in the next year, which is a -22.22% change.

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This page (NYSE:CIG) was last updated on 11/21/2024 by MarketBeat.com Staff
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