Companhia Energética de Minas Gerais - CEMIG Future Growth
Future criteria checks 0/6
Companhia Energética de Minas Gerais - CEMIG's earnings are forecast to decline at 28.6% per annum while its annual revenue is expected to grow at 1.7% per year. EPS is expected to decline by 29.1% per annum. Return on equity is forecast to be 14.9% in 3 years.
Key information
-28.6%
Earnings growth rate
-29.1%
EPS growth rate
| Electric Utilities earnings growth | -0.1% |
| Revenue growth rate | 1.7% |
| Future return on equity | 14.9% |
| Analyst coverage | Good |
| Last updated | 14 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 39,714 | 4,120 | 779 | 6,328 | 6 |
| 12/31/2025 | 37,710 | 4,217 | 673 | 6,086 | 8 |
| 12/31/2024 | 35,676 | 5,629 | 2,573 | 7,410 | 9 |
| 9/30/2024 | 38,599 | 8,005 | 1,270 | 6,558 | N/A |
| 6/30/2024 | 37,877 | 5,962 | 1,491 | 6,824 | N/A |
| 3/31/2024 | 37,261 | 5,519 | 2,113 | 7,329 | N/A |
| 12/31/2023 | 36,850 | 5,764 | 1,702 | 6,644 | N/A |
| 9/30/2023 | 36,646 | 5,285 | 1,169 | 5,697 | N/A |
| 6/30/2023 | 36,443 | 5,230 | 2,134 | 6,281 | N/A |
| 3/31/2023 | 35,262 | 4,035 | 2,801 | 6,522 | N/A |
| 12/31/2022 | 34,463 | 4,092 | 3,139 | 6,544 | N/A |
| 9/30/2022 | 34,366 | 3,649 | 3,194 | 6,194 | N/A |
| 6/30/2022 | 34,668 | 2,888 | 1,367 | 3,764 | N/A |
| 3/31/2022 | 34,383 | 4,784 | 1,772 | 3,895 | N/A |
| 12/31/2021 | 33,646 | 3,751 | 1,652 | 3,683 | N/A |
| 9/30/2021 | 31,254 | 4,061 | 3,035 | 4,836 | N/A |
| 6/30/2021 | 28,150 | 4,219 | 5,637 | 7,325 | N/A |
| 3/31/2021 | 26,296 | 3,355 | 5,279 | 6,899 | N/A |
| 12/31/2020 | 25,228 | 2,864 | 7,072 | 8,609 | N/A |
| 9/30/2020 | 24,450 | 2,156 | 6,286 | 7,721 | N/A |
| 6/30/2020 | 24,099 | 1,071 | 2,977 | 5,160 | N/A |
| 3/31/2020 | 25,616 | 2,104 | 1,862 | 3,896 | N/A |
| 12/31/2019 | 25,487 | 2,970 | 110 | 2,037 | N/A |
| 9/30/2019 | 24,473 | 3,121 | -454 | 1,381 | N/A |
| 6/30/2019 | 24,654 | 3,857 | 1,214 | 2,100 | N/A |
| 3/31/2019 | 23,244 | 1,710 | 1,141 | 1,997 | N/A |
| 12/31/2018 | 22,266 | 1,378 | 130 | 1,008 | N/A |
| 9/30/2018 | 23,352 | 1,266 | -1,613 | -787 | N/A |
| 6/30/2018 | 22,236 | 952 | N/A | -1,196 | N/A |
| 3/31/2018 | 21,834 | 1,123 | N/A | -322 | N/A |
| 12/31/2017 | 21,712 | 1,001 | N/A | 580 | N/A |
| 9/30/2017 | 19,820 | 91 | N/A | 3,128 | N/A |
| 6/30/2017 | 19,579 | 608 | N/A | 2,867 | N/A |
| 3/31/2017 | 19,132 | 672 | N/A | 2,589 | N/A |
| 12/31/2016 | 18,773 | 334 | N/A | 1,213 | N/A |
| 9/30/2016 | 19,666 | 924 | N/A | 847 | N/A |
| 6/30/2016 | 19,644 | 657 | N/A | 2,150 | N/A |
| 3/31/2016 | 20,472 | 989 | N/A | 1,827 | N/A |
| 12/31/2015 | 21,868 | 2,469 | N/A | 3,007 | N/A |
| 9/30/2015 | 22,639 | 3,302 | N/A | 2,874 | N/A |
| 6/30/2015 | 21,564 | 3,164 | N/A | 2,521 | N/A |
| 3/31/2015 | 20,679 | 3,371 | N/A | 3,448 | N/A |
| 12/31/2014 | 19,540 | 3,137 | N/A | 3,734 | N/A |
| 9/30/2014 | 17,173 | 2,852 | N/A | 4,110 | N/A |
| 6/30/2014 | 16,922 | 3,612 | N/A | 3,759 | N/A |
| 3/31/2014 | 15,660 | 3,489 | N/A | 3,759 | N/A |
| 12/31/2013 | 14,627 | 3,104 | N/A | 3,515 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMIG4's earnings are forecast to decline over the next 3 years (-28.6% per year).
Earnings vs Market: CMIG4's earnings are forecast to decline over the next 3 years (-28.6% per year).
High Growth Earnings: CMIG4's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CMIG4's revenue (1.7% per year) is forecast to grow slower than the BR market (7.4% per year).
High Growth Revenue: CMIG4's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMIG4's Return on Equity is forecast to be low in 3 years time (14.9%).