Stock Analysis

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

  •  Updated
BOVESPA:TAEE11
Source: Shutterstock

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).
earnings-and-revenue-growth
BOVESPA:TAEE11 Earnings and Revenue Growth November 26th 2022

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...

Valuation is complex, but we're helping make it simple.

Find out whether Transmissora Aliança de Energia Elétrica is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis