Centrais Elétricas Brasileiras S.A. – Eletrobrás (EBR) to Release Earnings on Tuesday

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) is expected to post its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Centrais Elétricas Brasileiras S.A. – Eletrobrás to post earnings of $0.11 per share and revenue of $10.17 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Stock Performance

Centrais Elétricas Brasileiras S.A. – Eletrobrás stock opened at $6.54 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.06. The stock has a fifty day moving average of $6.06 and a two-hundred day moving average of $6.51. The company has a market capitalization of $14.69 billion, a price-to-earnings ratio of 6.74, a PEG ratio of 4.35 and a beta of 1.05. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a fifty-two week low of $5.45 and a fifty-two week high of $8.94.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Cuts Dividend

The business also recently declared a — dividend, which was paid on Tuesday, January 21st. Shareholders of record on Monday, December 30th were given a dividend of $0.1414 per share. This represents a yield of 1%. The ex-dividend date was Monday, December 30th. Centrais Elétricas Brasileiras S.A. – Eletrobrás’s payout ratio is 19.59%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Centrais Elétricas Brasileiras S.A. – Eletrobrás from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 8th.

About Centrais Elétricas Brasileiras S.A. – Eletrobrás

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.