EDP – Energias de Portugal (ELCPF) Projected to Release Earnings on Friday

EDP – Energias de Portugal (OTCMKTS:ELCPF) is expected to be releasing its results after the market closes on Friday, November 6th. Analysts expect EDP – Energias de Portugal to post earnings of $0.0961 per share and revenue of $4.77 billion for the quarter.

EDP – Energias de Portugal Trading Up 2.5%

Shares of OTCMKTS:ELCPF opened at $5.56 on Thursday. EDP – Energias de Portugal has a twelve month low of $4.13 and a twelve month high of $5.60. The company’s 50 day moving average is $5.25 and its 200 day moving average is $5.06.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of EDP – Energias de Portugal in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

EDP – Energias de Portugal Company Profile

EDP – Energias de Portugal, SA is a Portugal-based integrated energy company engaged in the generation, distribution, and supply of electricity. The company serves residential, commercial, and industrial customers and provides related energy and utility services.

EDP has increasingly focused on renewable energy, including wind, solar, and hydroelectric power. Through its renewable-energy operations, the group develops, owns, and operates clean-energy projects, while its broader activities include electricity networks, retail supply, energy management, and solutions that support the electrification of transportation and other sectors.

Established in 1976 from the consolidation of Portugal’s electricity businesses, EDP was later privatized and expanded internationally.