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Enel Chile SA (ENIC)
NYSE:ENIC
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.09Last Year’s EPS
0.11Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -5.80%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook with significant achievements in hydro generation and renewable expansion offset by challenges from climate events and regulatory issues. Despite these challenges, the company maintained its financial guidance, showcasing strategic resilience.Company Guidance
During the Enel Chile Full Year and Fourth Quarter 2024 Results Conference Call, guidance was provided by CEO Giuseppe Turchiarelli on several key metrics. The company's hydro generation increased by 12% year-over-year, attributed to favorable hydrological conditions and the completion of the Los Condores hydro power project. Despite a non-cash impact of $657 million at the EBITDA level due to a change in functional currency, the adjusted EBITDA aligned with the 2024 guidance. Enel Chile's net electricity generation reached 24.6 terawatt hours, a 2% increase from 2023, with energy sales rising 8% to 33.4 terawatt hours. Additionally, the company expects to execute a $250 million PEC factoring in 2025. Enel Chile's renewable portfolio grew, with the addition of 404 megawatts of capacity, bringing the total to 8.9 gigawatts, of which nearly 80% is renewable and battery energy storage systems (BESS). The company also confirmed its 2025 guidance and highlighted a strategic focus on battery storage and regulatory framework improvements.Strong Hydro Generation Increase
Hydro generation increased by 12% compared to last year, contributing significantly to the company's performance, thanks to favorable weather conditions and strategic reservoir management.
Successful Renewable Expansion
Enel Chile successfully added 693 MW of new capacity, including 385 MW of solar, 202 MW of battery storage, and 106 MW of wind, bringing total capacity to 8.9 GW with nearly 80% from renewable sources.
Adjusted EBITDA and Net Income in Line with Guidance
Despite non-cash impacts, adjusted EBITDA and net income results were fully in line with 2024 guidance, demonstrating confidence in strategic planning.
Decrease in Gross Debt
Gross debt decreased by 11% to $3.9 billion by December 2024, supported by operational cash generation and effective cash use from PEC 3 factoring.
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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 |
|---|---|---|---|
| Feb 26, 2025 | $3.45 | $3.31 | -4.06% |
| 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% |
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 May 06, 2025, TBA Not Confirmed.
What is Enel Chile SA (ENIC) earnings time?
Enel Chile SA (ENIC) earnings time is at May 06, 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 2025 (Q1) is 0.09.
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