Companhia Energética do Ceará - COELCE Past Earnings Performance
Past criteria checks 2/6
Companhia Energética do Ceará - COELCE has been growing earnings at an average annual rate of 8.3%, while the Electric Utilities industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 12.6% per year. Companhia Energética do Ceará - COELCE's return on equity is 8.4%, and it has net margins of 4.4%.
Key information
8.3%
Earnings growth rate
10.5%
EPS growth rate
| Electric Utilities Industry Growth | 19.5% |
| Revenue growth rate | 12.6% |
| Return on equity | 8.4% |
| Net Margin | 4.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Companhia Energética do Ceará - COELCE makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 8,329 | 363 | 416 | 0 |
| 31 Dec 23 | 8,623 | 315 | 429 | 0 |
| 30 Sep 23 | 8,697 | 538 | 301 | 0 |
| 30 Jun 23 | 8,797 | 480 | 271 | 0 |
| 31 Mar 23 | 8,764 | 609 | 233 | 0 |
| 31 Dec 22 | 8,568 | 641 | 359 | 0 |
| 30 Sep 22 | 8,665 | 519 | 336 | 0 |
| 30 Jun 22 | 8,817 | 522 | 282 | 0 |
| 31 Mar 22 | 8,542 | 513 | 203 | 0 |
| 31 Dec 21 | 8,110 | 489 | 206 | 0 |
| 30 Sep 21 | 7,658 | 468 | 182 | 0 |
| 30 Jun 21 | 6,690 | 433 | 236 | 0 |
| 31 Mar 21 | 6,194 | 269 | 307 | 0 |
| 31 Dec 20 | 5,993 | 265 | 253 | 0 |
| 30 Sep 20 | 5,687 | 362 | 310 | 0 |
| 30 Jun 20 | 5,641 | 384 | 296 | 0 |
| 31 Mar 20 | 5,582 | 481 | 244 | 0 |
| 31 Dec 19 | 5,377 | 405 | 214 | 0 |
| 30 Sep 19 | 5,204 | 328 | 233 | 0 |
| 30 Jun 19 | 5,239 | 328 | 230 | 0 |
| 31 Mar 19 | 5,272 | 286 | 217 | 0 |
| 31 Dec 18 | 5,102 | 365 | 204 | 0 |
| 30 Sep 18 | 5,034 | 343 | 170 | 0 |
| 30 Jun 18 | 4,826 | 387 | 175 | 0 |
| 31 Mar 18 | 4,644 | 420 | 187 | 0 |
| 31 Dec 17 | 4,594 | 436 | 183 | 0 |
| 30 Sep 17 | 4,475 | 444 | 217 | 0 |
| 30 Jun 17 | 4,336 | 390 | 256 | 0 |
| 31 Mar 17 | 4,222 | 412 | 245 | 0 |
| 31 Dec 16 | 4,097 | 393 | 244 | 0 |
| 30 Sep 16 | 3,909 | 328 | 237 | 0 |
| 30 Jun 16 | 3,917 | 360 | 184 | 0 |
| 31 Mar 16 | 3,895 | 313 | 177 | 0 |
| 31 Dec 15 | 4,127 | 363 | 171 | 0 |
| 30 Sep 15 | 4,351 | 476 | 150 | 0 |
| 30 Jun 15 | 4,131 | 381 | 141 | 0 |
| 31 Mar 15 | 3,993 | 318 | 128 | 0 |
| 31 Dec 14 | 3,617 | 252 | 119 | 0 |
| 30 Sep 14 | 3,164 | 95 | 150 | 0 |
| 30 Jun 14 | 3,057 | 110 | 141 | 0 |
| 31 Mar 14 | 2,896 | 159 | 145 | 0 |
| 31 Dec 13 | 2,850 | 157 | 139 | 0 |
| 30 Sep 13 | 2,832 | 289 | 123 | 0 |
| 30 Jun 13 | 2,845 | 352 | 124 | 0 |
Quality Earnings: COCE5 has high quality earnings.
Growing Profit Margin: COCE5's current net profit margins (4.4%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: COCE5's earnings have grown by 8.3% per year over the past 5 years.
Accelerating Growth: COCE5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COCE5 had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Electric Utilities industry average (5.7%).
Return on Equity
High ROE: COCE5's Return on Equity (8.4%) is considered low.