Companhia Energética de Minas Gerais - CEMIG Future Growth

Future criteria checks 0/6

Companhia Energética de Minas Gerais - CEMIG's revenue and earnings are forecast to decline at 0.2% and 10% per annum respectively. EPS is expected to decline by 8% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

-10.0%

Earnings growth rate

-8.0%

EPS growth rate

Electric Utilities earnings growth	7.9%
Revenue growth rate	-0.2%
Future return on equity	15.7%
Analyst coverage	Good
Last updated	24 May 2024

Recent future growth updates

Recent updates

Companhia Energética de Minas Gerais 2020 Q3 - Results - Earnings Call Presentation

Nov 17

Earnings and Revenue Growth Forecasts

NYSE:CIG - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	36,856	4,195	-260	6,424	3
12/31/2025	36,255	4,428	-235	6,191	6
12/31/2024	34,365	4,397	3,259	5,775	8
3/31/2024	37,261	5,519	2,113	7,329	N/A
12/31/2023	36,850	5,764	1,702	6,644	N/A
9/30/2023	36,646	5,285	1,210	5,737	N/A
6/30/2023	36,443	5,230	2,126	6,273	N/A
3/31/2023	35,262	4,035	2,801	6,522	N/A
12/31/2022	34,463	4,092	3,139	6,544	N/A
9/30/2022	34,366	3,649	3,194	6,194	N/A
6/30/2022	34,668	2,888	1,367	3,764	N/A
3/31/2022	34,383	4,784	1,772	3,895	N/A
12/31/2021	33,646	3,751	1,652	3,683	N/A
9/30/2021	31,254	4,061	3,035	4,836	N/A
6/30/2021	28,150	4,219	5,637	7,325	N/A
3/31/2021	26,296	3,355	5,279	6,899	N/A
12/31/2020	25,228	2,864	7,072	8,609	N/A
9/30/2020	24,450	2,156	6,286	7,721	N/A
6/30/2020	24,099	1,071	2,977	5,160	N/A
3/31/2020	25,616	2,104	1,862	3,896	N/A
12/31/2019	25,487	2,970	110	2,037	N/A
9/30/2019	24,473	3,121	-454	1,381	N/A
6/30/2019	24,654	3,857	1,214	2,100	N/A
3/31/2019	23,244	1,710	1,141	1,997	N/A
12/31/2018	22,266	1,378	130	1,008	N/A
9/30/2018	23,352	1,266	-1,613	-787	N/A
6/30/2018	22,236	952	-2,261	-1,196	N/A
3/31/2018	21,834	1,123	-1,442	-322	N/A
12/31/2017	21,712	1,001	N/A	580	N/A
9/30/2017	19,820	91	N/A	3,128	N/A
6/30/2017	19,579	608	N/A	2,867	N/A
3/31/2017	19,132	672	N/A	2,589	N/A
12/31/2016	18,773	334	N/A	1,213	N/A
9/30/2016	19,666	924	N/A	847	N/A
6/30/2016	19,644	657	N/A	2,150	N/A
3/31/2016	20,472	989	N/A	1,827	N/A
12/31/2015	21,868	2,469	N/A	3,007	N/A
9/30/2015	22,639	3,302	N/A	2,874	N/A
6/30/2015	21,564	3,164	N/A	2,521	N/A
3/31/2015	20,679	3,371	N/A	3,448	N/A
12/31/2014	19,540	3,137	N/A	3,734	N/A
9/30/2014	17,173	2,852	N/A	4,110	N/A
6/30/2014	16,922	3,612	N/A	3,759	N/A
3/31/2014	15,660	3,489	N/A	3,759	N/A
12/31/2013	14,627	3,104	N/A	3,515	N/A
9/30/2013	14,472	4,370	N/A	3,122	N/A
6/30/2013	14,599	4,519	N/A	3,145	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIG's earnings are forecast to decline over the next 3 years (-10% per year).

Earnings vs Market: CIG's earnings are forecast to decline over the next 3 years (-10% per year).

High Growth Earnings: CIG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CIG's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: CIG's revenue is forecast to decline over the next 3 years (-0.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CIG's Return on Equity is forecast to be low in 3 years time (15.7%).

Companhia Energética de Minas Gerais - CEMIG Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Companhia Energética De Minas Gerais Suspends Earnings Guidance

Recent updates

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Companhia Energética de Minas Gerais to Report Q4, 2022 Results on Mar 16, 2023

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Companhia Energética de Minas Gerais revenue of R$8.21B

Companhia Energética de Minas Gerais(BOVESPA:CMIG3) dropped from Brazil Corporate Sustainability Index

Companhia Energética de Minas Gerais (BOVESPA:CMIG4) signed a share purchase agreement to acquire Sete Lagoas Transmissora de Energia S.A. from Cobra Brasil Serviços, Comunicações e Energia S.A. and Cobra Instalaciones y Servicios, S.A. for BRL 41.37 million.

Companhia Energetica: Strong Return On Capital Performer

Companhia Energética de Minas Gerais to Report Q4, 2020 Results on Mar 26, 2021

Companhia Energética De Minas Gerais Appoints Marney Tadeu Antunes as Chief Distribution Officer

Companhia Energética de Minas Gerais to Report Q3, 2021 Results on Nov 12, 2021

Companhia Energetica: Low Priced Stock Brings Opportunity