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Companhia Paranaense de Energia Sponsored ADR (ELPC)
NYSE:ELPC
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
$0.24Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -8.86%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Copel's strong financial performance and strategic successes, including record net income, successful divestments, and effective energy trading strategies. However, challenges remain in the generation and transmission sectors due to curtailment impacts and trading setbacks.Company Guidance
During the Q3 2024 earnings call for Companhia Paranaense de Energia (CPLE6.SA), the company provided several key metrics and strategic updates. Copel reported an adjusted EBITDA of BRL 1.2 billion and a net income surpassing BRL 1.2 billion, partly due to extraordinary events totaling approximately BRL 645 million. These included the divestment of Compagas and UEGA, contributing BRL 170 million, and the sale of Copel G&T's real estate, adding BRL 175 million to net income. The company declared dividends of BRL 485 million, equivalent to a 50% payout ratio. Copel also highlighted significant workforce restructuring, reducing personnel costs by 11.2% after the voluntary exit of 1,258 employees. The call emphasized Copel's strategic focus on decarbonization and electrical core, with a disciplined approach to trading, evidenced by sales totaling more than 537 average megawatts for 2025-2028. Despite challenges with energy curtailment affecting wind assets, Copel's integrated strategy and diversified portfolio proved resilient, maintaining leverage at around 1.5x net debt over EBITDA. The company continues to optimize its capital structure, with an emphasis on efficiency, quality, and stakeholder value, while inviting investors to its upcoming Copel Day for further insights into its long-term strategy.Record Net Income and EBITDA
Copel achieved a net income and adjusted EBITDA exceeding BRL 1.2 billion, driven by sound business results and extraordinary events totaling approximately BRL 645 million.
Strategic Divestments and Decarbonization
The divestment of Compagas and UEGA generated BRL 170 million, and the sale of Copel G&T’s real estate added BRL 175 million to net income. These moves align with Copel's decarbonization strategy.
Dividend Declaration
Copel declared dividends of BRL 485 million, equivalent to a 50% payout, to be paid on November 29, 2024.
Successful Energy Trading Strategy
The company executed its energy sales strategy effectively, resulting in a significant margin increase and contracts totaling more than 537 average megawatts for future periods.
Strong Distribution Performance
Copel Distribution generated an EBITDA of BRL 607 million, an 8.7% increase, driven by higher temperatures and economic activity.
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Companhia Paranaense de Energia Sponsored ADR (ELPC) Earnings, Revenues Date & History
ELPC 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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ELPC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $5.81 | $5.79 | -0.34% |
| Aug 07, 2024 | $6.01 | $6.26 | +4.16% |
| May 08, 2024 | $6.51 | $6.22 | -4.45% |
| Feb 29, 2024 | $7.17 | $7.06 | -1.53% |
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 Sponsored ADR (ELPC) report earnings?
Companhia Paranaense de Energia Sponsored ADR (ELPC) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Companhia Paranaense de Energia Sponsored ADR (ELPC) earnings time?
Companhia Paranaense de Energia Sponsored ADR (ELPC) 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 ELPC EPS forecast?
Currently, no data Available
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