Energisa (BVMF:ENGI3) Third Quarter 2024 Results
Key Financial Results
- Revenue: R$8.58b (up 17% from 3Q 2023).
- Net income: R$552.9m (up 12% from 3Q 2023).
- Profit margin: 6.4% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Energisa Earnings Insights
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Electric Utilities industry in Brazil.
Performance of the Brazilian Electric Utilities industry.
The company's shares are down 5.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Energisa that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
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About BOVESPA:ENGI3
Energisa
Through its subsidiaries, engages in the distribution, transmission, and generation of electricity in Brazil.
Solid track record with adequate balance sheet.
