Transmissora Aliança de Energia Elétrica (BVMF:TAEE11) Third Quarter 2022 Results
Key Financial Results
- Revenue: R$463.8m (down 51% from 3Q 2021).
- Net income: R$302.5m (down 44% from 3Q 2021).
- Profit margin: 65% (up from 57% in 3Q 2021). The increase in margin was driven by lower expenses.
- EPS: R$0.88 (down from R$1.56 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Transmissora Aliança de Energia Elétrica Earnings Insights
Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Electric Utilities industry in Brazil.
The company's shares are down 1.6% from a week ago.
Be aware that Transmissora Aliança de Energia Elétrica is showing 2 warning signs in our investment analysis that you should know about...
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