ELPC Earnings Prediction
The chart below shows how ELPC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ELPC sees a -2.53% change in stock price 10 days leading up to the earnings, and a +0.47% change 10 days following the report. On the earnings day itself, the stock moves by -4.47%. This data can give you a slight idea of what to expect for the next quarter's release.
ELPC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.05B
1.99%
-3.99%
Gross Margin
21.58%
-2.88%
-6.50%
Operating Margin
14.98%
2.25%
-10.67%
Net Margin
8.45%
-4.09%
-13.95%
EPS
0.03
50.00%
-25.00%
No Data Available
ELPC Earnings Analysis
Companhia Paranaense de Energia - COPEL American Depositary Shares (each representing four (4) Commo Corporation (ELPC.N) Earnings Conference Call
Positive
Copel reported solid growth in the second quarter of 2024, with an adjusted EBITDA of BRL1.3 billion and net income of almost BRL0.5 billion, representing a 54% growth compared to the same period last year.
Copel Distribution showed significant efficiency with a 41.6% EBITDA efficiency, contributing to the overall positive results.
The company concluded the payment of dividends related to the 2023 results, amounting to BRL632 million, showcasing a commitment to shareholder returns.
Fitch maintained Copel's credit rating as AAA, reflecting the company's sound financial profile and low cost of capital which is crucial for future growth plans.
Copel emphasized strategic pillars for future growth, including operational excellence, efficiency, cultural transformation, and discipline in capital allocation.
The company added three new talents to their team, bringing valuable expertise and vision for cultural evolution and growth.
A voluntary severance program was successfully implemented, resulting in 1,078 employees leaving the company, with a focus on internal mobility and career transposition.
Partnerships with companies like Google Cloud are aiding in digital transformation for process automation, data processing, and maximizing intragroup synergies.
Copel has been focusing on efficient capital allocation by divesting in non-core assets and aligning resources with projects that support values and commitments to the environment and society.
Recent divestments, including the sale of the Araucaria thermal power plant and a 51% stake in Compagas, demonstrate prudent capital management and a focus on sustainable growth.
The company is halfway through the sale process of small generation assets, with further updates expected in the coming months.
Maintaining a leverage of around 1.9 times in the net debt over EBITDA ratio, with a focus on defining the most efficient capital structure for the company in the future.
Negative
- Copel reported a 6% reduction in the average energy price in the portfolio in the second quarter of 2024 compared to the previous year, impacting the generation and transmission segment.
- The wind complexes underperformed due to maintenance and lower wind speeds, resulting in a revenue frustration of BRL 27 million in the quarter.
- Copel Jet, the generation and transmission segment, recorded an adjusted EBITDA of BRL 676 million, 3% below the same period last year, indicating a decrease in performance.
- The trading unit saw a 7.2% increase in adjusted EBITDA in the second quarter, but costs related to maintenance and services also rose, affecting profitability.
