Enel Chile (NYSE:ENIC) Posts Earnings Results, Beats Expectations By $0.03 EPS

Enel Chile (NYSE:ENIC) announced its quarterly earnings data on Wednesday. The utilities provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03, Zacks reports. Enel Chile had a net margin of 11.04% and a return on equity of 9.60%. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.07 billion.

Here are the key takeaways from Enel Chile’s conference call:

• Construction started on ~450 MW (~0.5 GW) of new BESS projects in northern Chile to boost portfolio flexibility and support the commercial strategy, with CODs expected in 3Q–4Q 2027.
• Enel Generación Chile signed an LNG optimization agreement with Shell to valorize surplus gas volumes and better balance LNG and Argentine gas supply, supporting thermal operations and the battery ramp-up.
• First-quarter results showed EBITDA up 16% to $423m and FFO up 12% to $122m, while net income fell 7% to $162m largely due to higher depreciation and lower interest capitalization; management says normalized quarterly EBITDA is ~CLP 360–370m after non?recurring items.
• An extraordinary meeting approved a CLP 360 billion capital increase at Enel Distribución to strengthen the distribution unit’s balance sheet and financial flexibility, to be covered by group-level resources.
• Regulatory uncertainty persists: the VAD 2020–2024 settlement was postponed to July 2026 and VAD 2024–2028 tariff resettlement remains under review (final technical report expected mid?2026), creating timing and cash?flow risk for the distribution sector.

Enel Chile Stock Down 1.4%

Shares of ENIC stock traded down $0.07 during trading hours on Friday, hitting $4.47. 12,669 shares of the company were exchanged, compared to its average volume of 672,362. The firm has a market cap of $6.18 billion, a PE ratio of 11.45 and a beta of 0.97. Enel Chile has a 1 year low of $3.10 and a 1 year high of $4.63. The firm has a fifty day moving average of $4.17 and a 200 day moving average of $4.08.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. First Trust Advisors LP raised its stake in shares of Enel Chile by 21.1% during the fourth quarter. First Trust Advisors LP now owns 17,696 shares of the utilities provider’s stock valued at $71,000 after purchasing an additional 3,086 shares during the period. Jane Street Group LLC acquired a new stake in shares of Enel Chile during the fourth quarter worth approximately $77,000. Brooklyn Investment Group grew its position in shares of Enel Chile by 41.6% during the fourth quarter. Brooklyn Investment Group now owns 37,067 shares of the utilities provider’s stock worth $146,000 after buying an additional 10,898 shares in the last quarter. Centiva Capital LP acquired a new stake in shares of Enel Chile during the third quarter worth approximately $97,000. Finally, Focus Partners Wealth grew its position in shares of Enel Chile by 154.2% during the first quarter. Focus Partners Wealth now owns 36,979 shares of the utilities provider’s stock worth $121,000 after buying an additional 22,434 shares in the last quarter. Hedge funds and other institutional investors own 3.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ENIC. Scotiabank upgraded shares of Enel Chile to a “strong-buy” rating in a report on Thursday, April 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Enel Chile in a research report on Monday, April 20th. Wall Street Zen upgraded shares of Enel Chile from a “hold” rating to a “buy” rating in a report on Sunday, March 15th. Finally, Santander cut shares of Enel Chile to a “neutral” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $4.30.

Enel Chile Company Profile

Enel Chile SA, traded as ENIC on the NYSE, is one of Chile’s leading integrated electric utilities, with core businesses spanning electricity generation, transmission and distribution. The company serves a diverse customer base that includes residential, commercial and industrial users, striving to deliver reliable power across both urban and rural regions.

In its generation segment, Enel Chile operates a balanced portfolio of assets, including hydroelectric plants, thermal power stations and an expanding suite of renewable energy facilities such as wind and solar farms.