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ENGIE SA (ENGIY)
OTHER OTC:ENGIY
Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.43Last Year’s EPS
1.37Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 6.57%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Positive
Engie's earnings call reflected a positive outlook with record net income, significant growth in renewables and battery storage, and a successful nuclear deal. However, challenges related to EBIT declines, market normalization, and energy management were noted. The overall sentiment leans towards optimism with strategic growth plans in place.Company Guidance
During the call, Engie provided guidance on several key financial metrics for the fiscal year 2024. The company reported a record net income exceeding €5 billion, maintaining this figure for the third consecutive year, despite a 6% year-on-year decline in EBIT excluding nuclear, which stood at €8.9 billion. Engie's net recurring income group share grew by 3% to €5.5 billion, and cash flow from operations matched 2023's record of €13.1 billion. The proposed dividend is €1.48 per share, an increase from €1.43 the previous year. Additionally, greenhouse gas emissions from energy production decreased to 48 million tonnes, surpassing their 2030 target ahead of schedule. The share of renewables in total power generation capacity rose to 43% by year-end, supported by the commissioning of 4.2 gigawatts of new renewable capacity. Engie's capital allocation strategy and financial outlook for 2025-2027 were also discussed, emphasizing continued growth and investment in renewables and power networks.Record Net Income Achieved
Engie reported a third consecutive year of net income above €5 billion, achieving record net income for 2024, at the upper end of the guidance range.
Significant Growth in Renewables
Engie commissioned 4.2 gigawatts of new renewable capacity in 2024, reaching a total of 46 gigawatts, with a target of 95 gigawatts by 2030.
Expansion in Battery Storage
Engie doubled its battery capacity to 2.6 gigawatts in operation, with an additional 2.6 gigawatts under construction, following the acquisition of Broad Reach Power.
Approval of Belgian Nuclear Deal
The EU Commission approved the Belgian nuclear agreement, reducing nuclear waste storage liability, with the transaction expected to close by March 14.
Strong Performance in GEMS
GEMS achieved an EBIT of €2.4 billion, supported by the non-recurring reversal of market reserves for €1 billion.
Improved Dividend and Cash Flow
Proposed a dividend of €1.48 per share, up from €1.43, supported by cash flow from operations matching 2023 record figures at €13.1 billion.
Significant EBIT Contribution from New Segments
Batteries, power networks, solar, and B2B contributed €1.7 billion to EBIT in 2024, with expectations to increase to €2.2-€2.8 billion by 2027.
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ENGIY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ENGIY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $17.36 | $18.11 | +4.32% |
| Nov 07, 2024 | $16.27 | $16.48 | +1.29% |
| Aug 02, 2024 | $15.66 | $16.30 | +4.09% |
| May 17, 2024 | $17.15 | $17.15 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ENGIE SA (ENGIY) report earnings?
ENGIE SA (ENGIY) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is ENGIE SA (ENGIY) earnings time?
ENGIE SA (ENGIY) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ENGIY EPS forecast?
ENGIY EPS forecast for the fiscal quarter 2025 (Q1) is 0.43.
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