Stock Analysis
Eneva (BVMF:ENEV3) Third Quarter 2023 Results
Key Financial Results
- Revenue: R$2.38b (up 40% from 3Q 2022).
- Net loss: R$86.9m (down by 137% from R$237.8m profit in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Eneva Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.7% decline forecast for the Renewable Energy industry in Brazil.
Performance of the Brazilian Renewable Energy industry.
The company's shares are up 8.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Eneva (1 is a bit unpleasant) you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Eneva might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BOVESPA:ENEV3
Good value with moderate growth potential.
