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Enel Chile SA (ENIC)
NYSE:ENIC
Holding ENIC?
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.3Last Year’s EPS
0.29Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 9.93%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational and financial performance with significant improvements in hydro generation, successful project completions, and enhanced liquidity. However, it also addressed challenges from extreme weather events impacting the distribution network and ongoing regulatory uncertainties. Overall, the company's growth and stability are promising, though attention to regulatory and climatic risks remains crucial.Company Guidance
During the Q3 2024 earnings call for Enel Chile, the company confirmed its annual guidance, projecting EBITDA at the upper end of the $1.3 billion to $1.5 billion range and net income similarly at the high end of expected figures. Notably, hydro generation estimates were revised upwards to approximately 13 terawatt hours for the year, supported by favorable hydrological conditions. The company reported a robust hydro portfolio performance, with a 20% increase in hydro generation compared to the previous year. Enel Chile also highlighted a successful execution of a $630 million factoring related to PEC 3 receivables and maintained a strong liquidity position, with a net debt-to-EBITDA ratio targeted below 3x. The company anticipates further recovery of regulatory receivables, with $200 million expected in 2025. Additionally, Enel Chile discussed the nearing completion of the Los Condores project and ongoing regulatory developments impacting its operations.Robust Hydro Portfolio Performance
Hydro generation increased by 20% compared to last year due to better reservoir levels and a solid rainy season. Hydro generation estimate updated to approximately 15 terawatt hours for 2024.
Completion of Los Condores Project
Los Condores project nearing completion with pre-commissioning tests underway. Expected to connect to the grid by the end of the year.
Profitability and Liquidity Improvements
EBITDA and net income better than last year's figures, confirming guidance for the year. Strong liquidity position maintained.
Renewable Capacity Expansion
Initiated commercial operation of 511 megawatts of new projects in 2024. Total net installed capacity reached 8.7 gigawatts, with 77% being renewable.
Successful Factoring Execution
Successfully carried out a factoring totaling $630 million, reducing PEC accumulation and improving financial stability.
Improved Net Generation
Net electricity generation totaled 18.6 terawatt hours, exceeding last year's production by 6% due to higher hydro and renewable generation.
Strong Economic and Financial Performance
EBITDA for nine months reached $1 billion, a 46% improvement compared to last year.
Debt Management and Leverage Enhancement
Net debt-to-EBITDA ratio improved to 2.9. Debt flexibility allows repayment of short-term credit lines.
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ENIC 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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ENIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $2.72 | $2.68 | -1.47% |
| Jul 24, 2024 | $2.73 | $2.75 | +0.73% |
| Apr 29, 2024 | $2.86 | $2.74 | -4.20% |
| Feb 28, 2024 | $2.73 | $2.78 | +1.83% |
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 Enel Chile SA (ENIC) report earnings?
Enel Chile SA (ENIC) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Enel Chile SA (ENIC) earnings time?
Enel Chile SA (ENIC) earnings time is at Mar 04, 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 ENIC EPS forecast?
ENIC EPS forecast for the fiscal quarter 2024 (Q4) is 0.3.
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