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Centrais Elc Braz Pfb B Elbras (EBR.B)
NYSE:EBR.B
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.16Last Year’s EPS
$0.1Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -9.14%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Eletrobras' achievements in operational efficiency, cash position, and ESG initiatives. However, challenges remain with operational expense volatility, collective bargaining agreements, and market risks.Company Guidance
During the Eletrobras Q3 2024 earnings call, the management outlined several key financial and operational metrics driving the company's future performance. The company reaffirmed its commitment to reducing its PMSO (Personnel, Materials, Services, and Others) expenses to below BRL7 million in 2024, targeting further reductions to BRL5.5 million by 2026. This effort is part of a broader strategy to enhance operational efficiency following the integration of Furnas, which has started to positively impact the results. Eletrobras also highlighted its strong financial position, having raised over BRL22 billion in 2024, which has bolstered its cash reserves to approximately EUR37 million, providing a comfortable cushion for future debt amortization and capital expenditures. In terms of energy sales, the company is expanding its client base and managing its power portfolio effectively, with a focus on leveraging price volatility to enhance revenue. Furthermore, significant reductions in compulsory loan liabilities by over BRL1 billion were noted, alongside the company's ongoing ESG initiatives, including the operation of the Coxilha Negra wind farm.Operational Efficiency and Budget Management
For the first time in Eletrobras' history, the company has full freedom to manage its costs, aiming to improve operational efficiency and competitiveness. The company targets a PMSO below BRL7 million in 2024, below BRL6 million in 2025, and close to BRL5.5 million in 2026.
Strong Cash Position and Funding Efforts
Eletrobras raised over BRL22 billion in 2024, ending with about EUR37 million in cash, which allows the company to navigate volatility and support substantial CapEx growth.
Significant Reductions in Liability
The company reduced its liability by over BRL1 billion in the quarter, with a further reduction of BRL750 million in off-balance debts.
ESG Initiatives and Achievements
Eletrobras received permission to operate the Coxilha Negra wind farm and established a Social and Environmental Commission.
Revenue Growth from Transmission and Profit Terms
Eletrobras recognized revenue close to BRL6 billion from transmission and profit terms, with a significant impact on profits.
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EBR.B 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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EBR.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $7.22 | $7.14 | -1.11% |
| Aug 07, 2024 | $7.33 | $7.61 | +3.82% |
| May 08, 2024 | $8.25 | $8.25 | 0.00% |
| Mar 13, 2024 | $9.32 | $9.36 | +0.43% |
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 Centrais Elc Braz Pfb B Elbras (EBR.B) report earnings?
Centrais Elc Braz Pfb B Elbras (EBR.B) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is Centrais Elc Braz Pfb B Elbras (EBR.B) earnings time?
Centrais Elc Braz Pfb B Elbras (EBR.B) earnings time is at Mar 12, 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 EBR.B EPS forecast?
EBR.B EPS forecast for the fiscal quarter 2024 (Q4) is $0.16.
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