Erste Group Bank Increases Earnings Estimates for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Equities research analysts at Erste Group Bank boosted their FY2026 earnings per share estimates for Iberdrola in a research report issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the utilities provider will post earnings of $4.63 per share for the year, up from their prior forecast of $4.61. The consensus estimate for Iberdrola’s current full-year earnings is $4.62 per share. Erste Group Bank also issued estimates for Iberdrola’s FY2027 earnings at $4.99 EPS.

Iberdrola (OTCMKTS:IBDRY) last released its earnings results on Wednesday, October 21st. The utilities provider reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.06). The business had revenue of $12.72 billion for the quarter, compared to analyst estimates of $12.72 billion.

Other equities analysts also recently issued research reports about the stock. DZ Bank raised shares of Iberdrola from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 21st. Oddo Bhf cut shares of Iberdrola from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft raised Iberdrola to a “buy” rating in a research report on Tuesday, September 29th. Kepler Capital Markets downgraded Iberdrola from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 1st. Finally, The Goldman Sachs Group upgraded Iberdrola from a “hold” rating to a “buy” rating in a research report on Thursday, October 1st. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Iberdrola Stock Down 0.3%

OTCMKTS:IBDRY opened at $98.00 on Wednesday. The firm’s fifty day moving average is $94.15 and its 200-day moving average is $93.17. Iberdrola has a 52 week low of $80.64 and a 52 week high of $100.64.

Iberdrola Company Profile

Iberdrola, SA is a Spanish energy company engaged in the generation, distribution and supply of electricity, with a strategic focus on renewable energy and regulated electricity networks. Its activities include onshore and offshore wind, solar power, hydroelectric generation, battery storage and other low-carbon energy technologies, as well as the development and operation of electricity transmission and distribution infrastructure.

The company also supplies electricity and related energy services to residential, commercial and industrial customers.