Companhia Paranaense de Energia – COPEL (NYSE:ELP) Announces Quarterly Earnings Results, Misses Estimates By $0.23 EPS

Companhia Paranaense de Energia – COPEL (NYSE:ELP) released its earnings results on Friday. The utilities provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23), Zacks reports. Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $657.55 million.

Companhia Paranaense de Energia – COPEL Price Performance

ELP opened at $6.65 on Friday. The company has a fifty day moving average price of $6.43 and a two-hundred day moving average price of $6.83. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45. Companhia Paranaense de Energia – COPEL has a 52 week low of $5.72 and a 52 week high of $8.30. The firm has a market capitalization of $3.64 billion, a PE ratio of 9.93 and a beta of 1.00.

Companhia Paranaense de Energia – COPEL Company Profile

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.