Engie Brasl Ega (EGIEY) to Release Quarterly Earnings on Wednesday

Key Points

• Earnings release: Engie Brasil Energia (OTCMKTS:EGIEY) will report quarterly results after the market close on Wednesday, May 6, and analysts expect EPS of $0.1314 and revenue of $579.205 million.
• The stock is down 12.2%, opened at $7.14, and trades with a market cap of $8.16 billion and a P/E of 17.85, with a 52-week range of $4.86–$9.50.
• Company profile: Engie Brasil is a leading independent power producer in Brazil with a diversified generation mix (hydro, gas, biomass, wind, and solar) and offers energy services along with long-term and spot-market power sales.

Engie Brasl Ega (OTCMKTS:EGIEY - Get Free Report) is projected to issue its results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.1314 per share and revenue of $579.2050 million for the quarter.

Engie Brasl Ega Stock Down 12.2%

OTCMKTS EGIEY opened at $7.14 on Wednesday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a 50-day simple moving average of $6.71 and a 200 day simple moving average of $6.80. Engie Brasl Ega has a twelve month low of $4.86 and a twelve month high of $9.50. The stock has a market cap of $8.16 billion, a PE ratio of 17.85 and a beta of 0.29.

Engie Brasl Ega Company Profile

Engie Brasil Energia SA is a leading independent power producer in Brazil, focusing on the generation, sale and commercialization of electricity. The company’s diversified portfolio includes hydroelectric plants, gas-fired and biomass-fueled thermal facilities, as well as onshore wind farms and solar installations. Through a mix of long-term power purchase agreements and spot market transactions, Engie Brasil serves both regulated and free-market customers, including industrial, commercial and residential consumers.

Beyond core electricity generation, Engie Brasil offers a suite of energy solutions and services such as plant operation and maintenance, technical consulting, and energy efficiency programs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.