Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) 11/8/2023 Earnings Report

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) EPS Results

• Actual EPS: $5.68
• Consensus EPS: $5.05
• Beat/Miss: Beat by +$0.63
• One Year Ago EPS: N/A

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Revenue Results

• Actual Revenue: $452.01 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Announcement Details

• Date: 11/8/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (NYSE:EDN) is Argentina’s largest electricity distribution company, serving the northern metropolitan area of Buenos Aires and surrounding districts. The company operates an extensive medium- and low-voltage network, delivering power to residential, commercial and industrial customers. Edenor’s core activities include the transmission, distribution and retailing of electricity purchased from generation companies under regulated supply contracts.

With a service area covering more than 24 municipalities, Edenor supplies energy to over three million end users across a densely populated sector of Greater Buenos Aires. The company maintains and upgrades substations, distribution lines and transformer stations to ensure reliability and minimize outage times. It also offers ancillary services such as metering installations, maintenance programs, and technical assistance for new connections.

Founded in 1992 following the privatization of Argentina’s state-owned power sector, Edenor has navigated successive regulatory frameworks under the national energy authority. The company operates under a concession model that includes tariff adjustments tied to inflation and foreign-exchange indices, while meeting service quality and investment targets set by the regulator. Edenor’s ongoing network modernization efforts include smart‐grid pilot projects and infrastructure resilience measures against severe weather events.

Leadership at Edenor is headed by a board of directors with experience in energy regulation, engineering and finance. The executive team focuses on strengthening operational efficiency, deploying digital technologies and fostering sustainable practices, including loss-reduction initiatives and renewable‐energy integration. As a publicly traded entity on the New York Stock Exchange (NYSE: EDN), Edenor maintains transparent reporting and governance standards aligned with international best practices.