Enel Chile Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Enel Chile (SNSE:ENELCHILE) Second Quarter 2024 Results

Key Financial Results

• Revenue: CL$1.26t (up 39% from 2Q 2023).
• Net income: CL$102.3b (up from CL$26.7b loss in 2Q 2023).
• Profit margin: 8.1% (up from net loss in 2Q 2023).
• EPS: CL$1.48 (up from CL$0.39 loss in 2Q 2023).

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

Enel Chile Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is expected to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 1.3%.

Performance of the market in Chile.

The company's shares are down 1.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Enel Chile you should be aware of, and 1 of them is a bit concerning.

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