Companhia Energética De Minas Gerais S.a Earnings logo

CIG

Companhia Energética De Minas Gerais S.a Earnings

$1.81

Earnings Summary

Revenue
$10148885Mn
Net Profits
$3280197Mn
Net Profit Margins
32.32%
PE Ratio
5.32
Highlights
Revenue:

Companhia Energética De Minas Gerais S.a’s revenue jumped 107561.87% since last year same period to $10148885Mn in the Q3 2024. On a quarterly growth basis, Companhia Energética De Minas Gerais S.a has generated 107455.05% jump in its revenue since last 3-months.

Net Profits:

Companhia Energética De Minas Gerais S.a’s net profit jumped 265007.77% since last year same period to $3280197Mn in the Q3 2024. On a quarterly growth basis, Companhia Energética De Minas Gerais S.a has generated 194157.03% jump in its net profits since last 3-months.

Net Profit Margins:

Companhia Energética De Minas Gerais S.a’s net profit margin jumped 146.24% since last year same period to 32.32% in the Q3 2024. On a quarterly growth basis, Companhia Energética De Minas Gerais S.a has generated 80.61% jump in its net profit margins since last 3-months.

PE Ratio:

Companhia Energética De Minas Gerais S.a’s price-to-earnings ratio after this Q3 2024 earnings stands at 5.32.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Companhia Energética De Minas Gerais S.a post its latest quarter earnings
EPS Estimate Current Quarter
0.13
EPS Estimate Current Year
0.13
Highlights
EPS Estimate Current Quarter:

Companhia Energética De Minas Gerais S.a’s earning per share (EPS) estimates for the current quarter stand at 0.13 - a 85.71% jump from last quarter’s estimates.

EPS Estimate Current Year:

Companhia Energética De Minas Gerais S.a’s earning per share (EPS) estimates for the current year stand at 0.13.

Key Ratios

Key ratios of the Companhia Energética De Minas Gerais S.a post its Q3 2024 earnings
Earning Per Share (EPS)
0.2
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.24
Dividend Per Share (DPS)
0.15
Highlights
Earning Per Share (EPS):

Companhia Energética De Minas Gerais S.a’s earning per share (EPS) jumped 92.14% since last year same period to 0.2 in the Q3 2024. This indicates that the Companhia Energética De Minas Gerais S.a has generated 92.14% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Companhia Energética De Minas Gerais S.a’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Companhia Energética De Minas Gerais S.a’s return on equity (ROE) stands at 0.24.

Dividend Per Share (DPS):

Companhia Energética De Minas Gerais S.a declared 0.15 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
0.15
0.08
-46.06%
2024-06-30
0.07
0.11
57.14%
2024-09-30
0.13
0.2
52.38%