Central Puerto Past Earnings Performance

Past criteria checks 4/6

Central Puerto has been growing earnings at an average annual rate of 64.4%, while the Renewable Energy industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 47.5% per year. Central Puerto's return on equity is 10.7%, and it has net margins of 46.3%.

Key information

64.4%

Earnings growth rate

64.5%

EPS growth rate

Renewable Energy Industry Growth	12.6%
Revenue growth rate	47.5%
Return on equity	10.7%
Net Margin	46.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Central Puerto makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:CEPU Revenue, expenses and earnings (ARS Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	354,497	163,991	27,173
31 Mar 24	341,006	175,460	29,715
31 Dec 23	313,568	148,044	25,251
30 Sep 23	476,662	48,117	38,977
30 Jun 23	466,720	54,413	37,898
31 Mar 23	397,526	47,865	26,944
31 Dec 22	315,745	59,294	18,139
30 Sep 22	202,262	34,984	10,838
30 Jun 22	178,274	29,069	9,502
31 Mar 22	136,084	9,514	7,352
31 Dec 21	111,187	-1,446	6,412
30 Sep 21	89,446	-877	5,216
30 Jun 21	78,952	-2,283	4,217
31 Mar 21	63,344	10,080	3,422
31 Dec 20	57,521	10,403	2,990
30 Sep 20	58,384	11,078	2,945
30 Jun 20	55,156	13,306	2,780
31 Mar 20	51,879	11,499	2,428
31 Dec 19	48,957	11,992	2,270
30 Sep 19	39,044	11,398	1,817
30 Jun 19	34,090	11,598	1,628
31 Mar 19	28,560	16,825	1,635
31 Dec 18	21,945	26,526	1,430
30 Sep 18	18,573	27,562	1,400
30 Jun 18	14,450	22,309	1,218
31 Mar 18	11,664	15,761	1,016
31 Dec 17	9,639	4,500	828
30 Sep 17	3,679	1,587	380
30 Jun 17	3,606	1,251	350
31 Mar 17	3,636	994	324
31 Dec 16	3,563	1,331	302
30 Sep 16	4,673	2,127	312
30 Jun 16	4,347	2,244	312
31 Mar 16	3,628	1,912	268
31 Dec 15	2,654	1,210	248
30 Sep 15	3,052	642	253
30 Jun 15	2,157	266	207
31 Mar 15	1,804	414	178
31 Dec 14	1,299	318	146
30 Sep 14	850	349	129
30 Jun 14	755	337	118
31 Mar 14	574	205	110
31 Dec 13	519	90	105
30 Sep 13	460	10	101

Quality Earnings: CEPU has a large one-off gain of ARS278.0B impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: CEPU's current net profit margins (46.3%) are higher than last year (11.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CEPU's earnings have grown significantly by 64.4% per year over the past 5 years.

Accelerating Growth: CEPU's earnings growth over the past year (201.4%) exceeds its 5-year average (64.4% per year).

Earnings vs Industry: CEPU earnings growth over the past year (201.4%) exceeded the Renewable Energy industry -3.4%.

Central Puerto Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Central Puerto S.A. to Report Q2, 2024 Results on Aug 09, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Central Puerto S.A. to Report Q1, 2024 Results on May 10, 2024

Full year 2023 earnings released: EPS: AR$98.52 (vs AR$12.65 in FY 2022)

Central Puerto S.A. to Report Q4, 2023 Results on Mar 08, 2024

Recent updates

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates fall by 18%

Central Puerto S.A. to Report Q2, 2024 Results on Aug 09, 2024

Investor sentiment deteriorates as stock falls 17%

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Central Puerto S.A. to Report Q1, 2024 Results on May 10, 2024

Investor sentiment deteriorates as stock falls 15%

Consensus revenue estimates increase by 67%

Now 23% overvalued after recent price rise

Investor sentiment improves as stock rises 21%

Full year 2023 earnings released: EPS: AR$98.52 (vs AR$12.65 in FY 2022)

Central Puerto S.A., Annual General Meeting, Apr 30, 2024

Central Puerto S.A. to Report Q4, 2023 Results on Mar 08, 2024

Upcoming dividend of AR$2.27 per share at 0.3% yield

Third quarter 2023 earnings released: EPS: AR$2.99 (vs AR$7.17 in 3Q 2022)

New major risk - Revenue and earnings growth

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. to Report Q3, 2023 Results on Nov 10, 2023

New minor risk - Share price stability

Central Puerto S.A. (BASE:CEPU) reached an agreement to acquire 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) announces an Equity Buyback for $10 million worth of its shares.

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: AR$3.13 (vs AR$2.68 in 2Q 2022)

Consensus revenue estimates increase by 35%

Central Puerto S.A. to Report Q2, 2023 Results on Aug 11, 2023

First quarter 2023 earnings released: EPS: AR$0.10 (vs AR$3.75 in 1Q 2022)

Central Puerto S.A. (BASE:CEPU) acquired Empresas Verdes Argentina S.A.

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: AR$12.65 (vs AR$0.49 loss in FY 2021)

Central Puerto S.A. to Report Q4, 2022 Results on Mar 09, 2023

Investor sentiment improves as stock rises 18%

Investor sentiment improved over the past week

Insufficient new directors

Third quarter 2022 earnings released: EPS: AR$3.01 (vs AR$1.77 in 3Q 2021)

Central Puerto S.A., Annual General Meeting, Dec 23, 2022

Now 22% undervalued

Investor sentiment improved over the past week

Central Puerto S.A. to Report Q3, 2022 Results on Nov 10, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: AR$1.53 (vs AR$3.18 loss in 2Q 2021)

Central Puerto S.A. to Report Q2, 2022 Results on Aug 05, 2022

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Central Puerto S.A. Announces Executive Changes

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Central Puerto S.A. to Report Q1, 2022 Results on May 12, 2022

Price target increased to AR$106

Insufficient new directors

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Central Puerto S.A. to Report Q4, 2021 Results on Mar 09, 2022

Central Puerto S.A. ORD 1 VOTO ESCRIT Deleted from Other OTC

Third quarter 2021 earnings released: EPS AR$1.77 (vs AR$1.51 in 3Q 2020)

Price target decreased to AR$34.00

Central Puerto S.A. Reports Impairment of Property, Plant and Equipment and Intangible Assets for the Second Quarter Ended June 30, 2021

Second quarter 2021 earnings released: AR$2.95 loss per share (vs AR$1.62 profit in 2Q 2020)

Investor sentiment improved over the past week

Price target decreased to AR$34.00

First quarter 2021 earnings released: EPS AR$0.42 (vs AR$0.65 in 1Q 2020)

Consensus EPS estimates fall to AR$11.79

Central Puerto S.A., Annual General Meeting, Apr 30, 2021

Full year 2020 earnings released: EPS AR$4.58 (vs AR$5.85 in FY 2019)

Central Puerto S.A. to Report Fiscal Year 2020 Results on Mar 15, 2021

New 90-day low: AR$33.00

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS AR$1.51

Central Puerto S.A. to Report Q3, 2020 Results on Nov 11, 2020

Market pulls back on stock over the past week