Stock Analysis
EDP Renováveis (ELI:EDPR) Second Quarter 2024 Results
Key Financial Results
- Revenue: €650.6m (up 64% from 2Q 2023).
- Net income: €142.1m (up by €127.2m from 2Q 2023).
- Profit margin: 22% (up from 3.7% in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EDP Renováveis Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Renewable Energy industry in Europe.
Performance of the market in Portugal.
The company's shares are up 3.2% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with EDP Renováveis.
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About ENXTLS:EDPR
EDP Renováveis
A renewable energy company, plans, constructs, operates, and maintains electricity power stations.
