Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS) to Release Earnings on Monday

Key Points

• Companhia de Saneamento Basico do Estado de Sao Paulo - Sabesp is set to report its Q2 2025 earnings on August 11, with expectations of earnings at $0.39 per share and revenues of $6.63 billion.
• In the previous quarter, the company reported earnings of $0.37 per share and a significant revenue miss of approximately $6.63 billion compared to analyst expectations of $7.67 billion.
• Jane Street Group LLC increased its stake in Sabesp by 349% recently, indicating growing institutional investment interest in the company.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $6.63 billion for the quarter.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by ($0.01). Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp had a net margin of 28.70% and a return on equity of 29.18%. The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $7.67 billion. On average, analysts expect Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Stock Up 1.7%

SBS stock traded up $0.33 on Wednesday, hitting $19.85. 368,439 shares of the company's stock were exchanged, compared to its average volume of 1,023,748. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp has a 12-month low of $13.87 and a 12-month high of $22.18. The firm has a 50 day moving average price of $20.45 and a two-hundred day moving average price of $18.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of $13.56 billion, a P/E ratio of 7.40 and a beta of 0.70.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp from a "buy" rating to a "hold" rating in a report on Tuesday, May 20th.

Hedge Funds Weigh In On Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp

A hedge fund recently raised its stake in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock. Jane Street Group LLC grew its stake in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Free Report) by 349.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 152,113 shares of the utilities provider's stock after buying an additional 118,237 shares during the quarter. Jane Street Group LLC's holdings in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp were worth $2,717,000 as of its most recent SEC filing. Institutional investors and hedge funds own 10.62% of the company's stock.

About Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP engages in the provision of water and sewage service. It also offers advisory services on the rational use of water, planning and commercial, and financial and operational management. The company was founded on September 6, 1973 and is headquartered in São Paulo, Brazil.