Erste Group Bank Predicts Weaker Earnings for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Investment analysts at Erste Group Bank reduced their FY2026 earnings estimates for Iberdrola in a note issued to investors on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now forecasts that the utilities provider will post earnings of $4.60 per share for the year, down from their prior forecast of $4.61. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.59 per share. Erste Group Bank also issued estimates for Iberdrola’s FY2027 earnings at $4.87 EPS.

Iberdrola (OTCMKTS:IBDRY) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.04). Iberdrola had a return on equity of 9.88% and a net margin of 13.40%.The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.62 billion.

IBDRY has been the subject of a number of other reports. Citigroup raised Iberdrola to a “hold” rating in a report on Friday, June 26th. Barclays raised Iberdrola from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Iberdrola Stock Down 0.2%

Shares of IBDRY opened at $99.90 on Wednesday. The company has a market capitalization of $168.78 billion, a P/E ratio of 24.61, a PEG ratio of 2.54 and a beta of 0.64. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.87 and a quick ratio of 0.78. Iberdrola has a one year low of $69.66 and a one year high of $100.64. The business’s 50 day simple moving average is $93.24 and its 200-day simple moving average is $91.15.

About Iberdrola

Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.