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Central Puerto SA (CEPU)
NYSE:CEPU
Earnings Data
Report Date
Mar 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.33Last Year’s EPS
0.07Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: 14.73%
|Next Earnings Date:Mar 18, 2025
Earnings Call Sentiment|Neutral
Central Puerto's third quarter of 2024 showed positive financial performance with significant revenue and net income growth, alongside a strong reduction in net debt. However, challenges in energy generation, especially in hydro and wind sectors, highlighted operational difficulties. Overall, financial metrics and strategic debt management were strong, but operational setbacks in generation were notable.Company Guidance
During the third quarter of 2024, Central Puerto reported a range of financial metrics that highlight its operational performance. The company's revenues increased by 14% year-over-year, reaching US$185 million, with an adjusted EBITDA of US$93 million, marking a near 1% rise compared to the previous year. Net income was notably positive at US$40 million, effectively doubling from the same quarter in 2023. Energy generation totaled 5,685 gigawatt hours, a slight 1% decrease year-over-year, while the installed capacity stood at 6,703 megawatts. The company also reported net debt of US$149 million as of September 30, 2024, a reduction of US$137 million since December 2023, resulting in a net debt to adjusted EBITDA ratio of 0.5 times. Additionally, the Argentine electricity market saw a 1% decline in installed capacity to 42,919 megawatts, driven by changes in renewable and hydro sources, while overall electricity demand increased by 1% to 35.6 terawatt hours. The company outlined various regulatory updates, including changes in spot remuneration, and mentioned ongoing investment projects like the San Carlos solar farm and the Brigadier Lopez combined cycle, highlighting their commitment to growth and adaptation in a dynamic energy market.Revenue Increase
Revenues for the third quarter of 2024 amounted to US$185 million, increasing 14% year-over-year compared to the third quarter of 2023.
Net Income Growth
Net income for the period was positive, reaching US$40 million, doubling year-over-year.
Debt Reduction
Net debt as of September 30, 2024, amounted to US$149 million, a reduction of US$137 million compared to December 2023, showcasing a net debt to adjusted EBITDA ratio of 0.5 times.
Thermal Generation Increase
Thermal generation increased 21% during the third quarter of 2024 compared to the third quarter of 2023.
Strong Cash Position
Cash position as of September 30, 2024, amounted to US$7 million, with total current liquidity including financial assets at US$245 million.
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CEPU 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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CEPU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $11.27 | $11.31 | +0.35% |
| May 13, 2024 | $10.05 | $9.71 | -3.38% |
| Mar 08, 2024 | $7.65 | $7.68 | +0.39% |
| May 15, 2023 | $5.29 | $5.33 | +0.76% |
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 Central Puerto SA (CEPU) report earnings?
Central Puerto SA (CEPU) is schdueled to report earning on Mar 18, 2025, TBA Not Confirmed.
What is Central Puerto SA (CEPU) earnings time?
Central Puerto SA (CEPU) earnings time is at Mar 18, 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 CEPU EPS forecast?
CEPU EPS forecast for the fiscal quarter 2024 (Q4) is 0.33.
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