CEMIG (CIG) Earnings Date, Estimates & Call Transcripts

$2.10

+0.04 (+1.94%)

(As of 09/13/2024 ET)

Upcoming Earnings Date: Nov. 5Estimated
Actual EPS (Aug. 13): $0.07 Beat By $0.07

CIG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CIG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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CEMIG Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.36 EPS
Next Year EPS Consensus Estimate: $0.28 EPS

CIG Earnings Date and Information

CEMIG last announced its quarterly earnings results on August 13th, 2024. The utilities provider reported $0.07 earnings per share (EPS) for the quarter. The firm earned $1.81 billion during the quarter. CEMIG has generated $0.40 earnings per share over the last year ($0.40 diluted earnings per share) and currently has a price-to-earnings ratio of 5.3. Earnings for CEMIG are expected to decrease by -22.22% in the coming year, from $0.36 to $0.28 per share. CEMIG has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 5th, 2024 based off prior year's report dates.

CEMIG Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/5/2024 (Estimated)	-	-	-	-	-	-	-
8/13/2024	Q2 2024	-	$0.07	+$0.07	$0.03	-	$1.81 billion
5/14/2024	Q1 2024	-	$0.08	+$0.08	$0.08	-	$1.83 billion
4/30/2024	Q4 2023	-	$0.13	+$0.13	$0.13	-	$2.01 billion
11/7/2023	Q3 2023	-	$0.09	+$0.09	$0.09	-	$1.93 billion
9/12/2023	Q2 2023	-	$0.0923	+$0.0923	$0.12	-	$1.78 billion
5/16/2023	Q4 2022	-	$0.0923	+$0.0923	$0.12	-	$1.85 billion
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5/4/2023	Q1 2023	-	$0.0923	+$0.0923	$0.12	-	$1.66 billion
11/16/2022	Q3 2022	-	$0.0769	+$0.0769	$0.10	-	$1.76 billion
5/16/2022	Q4 2021	-	$0.0615	+$0.0615	$0.08	-	$1.73 billion
11/4/2021	Q3 2021	-	$0.0385	+$0.0385	$0.05	-	$1.82 billion
8/18/2021	Q2 2021	-	$0.1692	+$0.1692	$0.22	-	$1.39 billion
6/9/2021	Q1 2021	-	$0.0308	+$0.0308	$0.04	-	$1.30 billion
3/29/2021	Q4 2020	-	$0.1077	+$0.1077	$0.14	-	$1.27 billion
11/13/2020	Q3 2020	-	$0.0462	+$0.0462	$0.06	-	$1.19 billion
8/14/2020	Q2 2020	-	$0.0538	+$0.0538	$0.01	-	$1.11 billion
5/15/2020	Q1 2020	-	$0.0615	+$0.0615	$0.17	-	$1.37 billion
11/18/2019	Q3 2019	-	($0.0692)	($0.0692)	($0.13)	-	$1.53 billion

CEMIG Earnings - Frequently Asked Questions

When is CEMIG's earnings date?: CEMIG has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 5th, 2024 based off last year's report dates. Learn more on CIG's earnings history.
How much revenue does CEMIG generate each year?: CEMIG (NYSE:CIG) has a recorded annual revenue of $7.38 billion.
How much profit does CEMIG generate each year?: CEMIG (NYSE:CIG) has a recorded net income of $1.15 billion. CIG has generated $0.40 earnings per share over the last four quarters.
What is CEMIG's price-to-earnings ratio?: CEMIG (NYSE:CIG) has a trailing price-to-earnings ratio of 5.26 and a forward price-to-earnings ratio of 5.85.
What is CEMIG's EPS forecast for next year?: CEMIG's earnings are expected to decrease from $0.36 per share to $0.28 per share in the next year, which is a -22.22% change.