EDP - Energias de Portugal Third Quarter 2022 Earnings: EPS: €0.053 (vs €0.06 in 3Q 2021)

EDP - Energias de Portugal (ELI:EDP) Third Quarter 2022 Results

Key Financial Results

• Revenue: €5.68b (up 45% from 3Q 2021).
• Net income: €211.0m (up 26% from 3Q 2021).
• Profit margin: 3.7% (down from 4.3% in 3Q 2021). The decrease in margin was driven by higher expenses.
• EPS: €0.053.

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

EDP - Energias de Portugal Earnings Insights

Looking ahead, revenue is forecast to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.

Performance of the market in Portugal.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for EDP - Energias de Portugal (2 don't sit too well with us!) that you need to be mindful of.

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