Transmissora Aliança de Energia Elétrica Third Quarter 2022 Earnings: EPS: R$0.88 (vs R$1.56 in 3Q 2021)

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.

Performance of the Brazilian Electric Utilities industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

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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