- Equatorial reported net operating revenue of R$11.71 billion, surpassing estimates of R$9 billion.
- The company’s adjusted net income stood at R$411 million.
- EBITDA was R$3.16 billion, a 20% increase from the previous year, exceeding estimates of R$3 billion from two different predictions.
- The adjusted EBITDA reached R$2.89 billion, marking a 15% rise year over year and slightly beating the estimate of R$2.86 billion.
- Equatorial achieved an adjusted EBITDA margin of 24.7%.
- The company’s net debt was reported at R$44.07 billion.
- Capital expenditure for the period amounted to R$2.31 billion.
- Analyst recommendations for Equatorial include 16 buys, with no holds or sells.
A look at Equatorial Energia SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Equatorial Energia SA, a holding company with investments in power distribution operations across Brazil, has received a mixed outlook based on Smartkarma Smart Scores. While the company demonstrates strong momentum with a top score of 5, indicating a positive short-term performance trend, other factors such as value, dividend, growth, and resilience scored lower. With a moderate score in value and growth at 3, and dividends and resilience at 2, Equatorial Energia SA‘s long-term prospects appear to be somewhat uncertain, suggesting a potential need for improvement in these areas to enhance overall investment attractiveness.
Despite challenges in certain key areas, Equatorial Energia SA‘s solid momentum score suggests current positive market sentiment and performance. Investors may want to monitor developments closely to see if the company can leverage its strong momentum to boost other aspects of its business. Overall, the company’s strategic position as a player in Brazil’s power distribution sector provides a foundation for potential growth and resilience in the future, if it can address the areas of concern highlighted by the Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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