- Equatorial’s third-quarter adjusted EBITDA reached R$3.48 billion, marking a 19% increase year-over-year and surpassing the estimate of R$3.03 billion.
- The company’s adjusted net income increased by 4.9% year-over-year to R$830 million, exceeding the estimate of R$716.1 million.
- Net operating revenue was reported at R$14.15 billion, representing a 14% rise from the previous year, significantly above the estimated R$9.91 billion.
- The adjusted EBITDA margin improved to 24.6%, compared to 23.7% from the previous year.
- Net debt stood at R$46.14 billion, an 11% increase compared to the prior year.
- Capital expenditure was R$3.03 billion, up 25% year-over-year.
- The investment community is very positive with 16 buy recommendations and no holds or sells.
A look at Equatorial Energia SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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, is positioned for a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 4, the company shows favorable trends and potential for future growth. This indicates that Equatorial Energia SA has the momentum to capitalize on market opportunities and sustain its performance over time.
Moreover, Equatorial Energia SA exhibits a solid overall outlook with balanced scores across key factors. While the company scores a 3 in value, growth, and resilience, indicating decent performance in these areas, its dividend score of 2 suggests room for improvement in terms of shareholder returns. Overall, Equatorial Energia SA‘s smart scores paint a positive picture of a company with growth potential and the ability to navigate market challenges successfully in the long run.
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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