Equatorial Energia Reports Full Year 2023 Earnings

Equatorial Energia (BVMF:EQTL3) Full Year 2023 Results

Key Financial Results

• Revenue: R$41.0b (up 51% from FY 2022).
• Net income: R$2.08b (up 51% from FY 2022).
• Profit margin: 5.1% (in line with FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Equatorial Energia Earnings Insights

Looking ahead, revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Brazil are expected to remain flat.

Performance of the Brazilian Electric Utilities industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Equatorial Energia you should know about.

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