Enel Chile S.A. (ENIC) Q3 2024 Earnings Call Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
0mins
Source: Newsfilter
Earnings Conference Call: Enel Chile S.A. held a conference call on October 30, 2024, to discuss their Q3 and nine-month results for 2024, featuring key company executives including CEO Giuseppe Turchiarelli and CFO Simone Conticelli.
Forward-Looking Statements: The call included forward-looking statements regarding the company's performance, emphasizing that actual results may differ due to various risks and uncertainties, with detailed factors available in their press release and annual report.
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Analyst Views on ENIC
Wall Street analysts forecast ENIC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENIC is 4.30 USD with a low forecast of 4.30 USD and a high forecast of 4.30 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.500
Low
4.30
Averages
4.30
High
4.30
Current: 4.500
Low
4.30
Averages
4.30
High
4.30
About ENIC
Enel Chile SA, formerly Enersis Chile SA, is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company's segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments. Additionally in its segments, the Company has Enel X Chile, a project engaged in seeking to open energy to new uses, technologies, associations and services. The businesses that are grouped into 4 areas are considered: e-City, e-Home, e-Industries and e-Mobility. It owns and operates electricity generation and distribution units in Chile through its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Outlook Analysis: In the context of the 2026 market rotation, investors should monitor the performance of these utility companies to avoid potential risks in future investment decisions.
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ENEL CHILE ANNOUNCES THE FILING OF THE 2024 ANNUAL REPORT ON FORM 20-F
Annual Report Filing: Enel Chile has filed its 2024 annual report on Form 20-F with the U.S. Securities and Exchange Commission on April 29, 2025.
Availability of Report: The annual report can be accessed on Enel Chile's website and the SEC's page, with hard copies available for shareholders upon request.
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