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Companhia Paranaense de Energia Pfd (ELP)
NYSE:ELP
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.22Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -8.21%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced view of Copel's performance with strong financial results and effective strategic execution, including significant achievements in divestitures and cost management, while also facing challenges in generation and trading due to curtailment and price decoupling.Company Guidance
During the third-quarter earnings call for Companhia Paranaense de Energia (Copel), the company provided detailed guidance on a multitude of metrics and strategic initiatives. Copel reported an adjusted EBITDA of BRL 1.2 billion and a net income surpassing BRL 1.2 billion, with extraordinary events contributing approximately BRL 645 million. The company highlighted recent divestments, including Compagas and UEGA, yielding BRL 170 million, and the sale of real estate assets, which contributed BRL 175 million to net income. Copel declared dividends of BRL 485 million, scheduled for payment on November 29, 2024. Furthermore, the company achieved a 11.2% reduction in personnel costs, credited to a strategic reduction of 1,258 employees. Amidst challenges like curtailment in wind assets and energy price decoupling between submarkets, Copel maintained robust financial performance, with a diversified portfolio contributing to risk mitigation. The company also announced significant upcoming investments, including a planned BRL 3.29 billion CapEx for 2025, with a focus on distribution improvements. Copel's leverage stood comfortably at 1.5x net debt over EBITDA, expected to rise to 2.2x after the payment of a BRL 4 billion grant bonus. Lastly, Copel invited stakeholders to its Copel Day on November 26, 2024, to discuss strategic plans, new leadership, and future initiatives.Strong Financial Performance
Copel reported adjusted EBITDA exceeding BRL 1.2 billion and a reported net income of BRL 1.2 billion, driven by business results and extraordinary events totaling approximately BRL 645 million.
Successful Divestitures
The company completed divestments at Compagas and UEGA with a recognition of BRL 170 million and concluded the sale of Copel G&T's real estate for BRL 286 million, adding BRL 175 million to net income, aligning with the decarbonization strategy.
Increased Dividend Declaration
Declared dividends of BRL 485 million, equivalent to a 50% payout, considering the results of the first half of the year.
Improvements in Energy Sales Strategy
Executed energy sales strategy with excellence, intensifying sales as prices improved, resulting in a significant margin increase.
Reduction in Personnel Costs
Reduction in personnel costs by 11.2% after the exit of 1,258 employees, maintaining service quality through strategic planning.
Stable Leverage and Cash Generation
Maintained leverage around 1.5x net debt over EBITDA ratio with operating cash generation exceeding BRL 1 billion.
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Companhia Paranaense de Energia Pfd (ELP) Earnings, Revenues Date & History
ELP 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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ELP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $6.58 | $6.53 | -0.76% |
| Aug 07, 2024 | $6.92 | $7.00 | +1.16% |
| May 08, 2024 | $7.34 | $6.94 | -5.45% |
| Feb 29, 2024 | $7.97 | $7.83 | -1.76% |
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 Companhia Paranaense de Energia Pfd (ELP) report earnings?
Companhia Paranaense de Energia Pfd (ELP) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Companhia Paranaense de Energia Pfd (ELP) earnings time?
Companhia Paranaense de Energia Pfd (ELP) earnings time is at Feb 27, 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 ELP EPS forecast?
ELP EPS forecast for the fiscal quarter 2024 (Q4) is 0.22.
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