Centrais Elétricas Brasileiras S.A. – Eletrobrás (EBR) Projected to Post Earnings on Tuesday

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) is projected to release its earnings data before the market opens on Tuesday, March 11th. Analysts expect Centrais Elétricas Brasileiras S.A. – Eletrobrás to post earnings of $0.11 per share and revenue of $10.17 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Stock Up 0.1 %

EBR stock opened at $6.73 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. The business’s 50 day simple moving average is $6.14 and its 200 day simple moving average is $6.49. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 1-year low of $5.45 and a 1-year high of $8.92. The firm has a market capitalization of $15.11 billion, a PE ratio of 6.94, a PEG ratio of 4.35 and a beta of 1.00.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Cuts Dividend

The business also recently announced a — dividend, which was paid on Tuesday, January 21st. Stockholders of record on Monday, December 30th were given a dividend of $0.1414 per share. The ex-dividend date was Monday, December 30th. This represents a dividend yield of 1%. Centrais Elétricas Brasileiras S.A. – Eletrobrás’s payout ratio is 19.59%.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Company Profile

Centrais Elétricas Brasileiras SA – Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW.