Energias de Portugal (EDPFY) to Announce Quarterly Earnings on Wednesday

Energias de Portugal (OTCMKTS:EDPFY) will likely be announcing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.6420 per share and revenue of $3.9015 billion for the quarter.

Energias de Portugal Stock Performance

Shares of EDPFY opened at $51.32 on Tuesday. The firm has a market capitalization of $20.25 billion, a price-to-earnings ratio of 43.13 and a beta of 0.59. The stock’s fifty day moving average is $48.80 and its 200-day moving average is $47.07. Energias de Portugal has a one year low of $31.55 and a one year high of $52.83.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Energias de Portugal from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Energias de Portugal

Energias de Portugal, SA (OTCMKTS:EDPFY) is an integrated energy company headquartered in Lisbon, Portugal, with operations spanning electricity generation, distribution, and retail supply. The company manages a diversified portfolio of thermal, hydroelectric, wind and solar power facilities, positioning itself as a prominent player in both conventional and renewable energy markets. In addition to electricity, EDP is active in gas distribution and supply, serving residential, commercial and industrial customers.

Founded in 1976 through the nationalization of Portugal’s power assets, EDP underwent privatization beginning in the mid-1990s and today maintains listings on multiple stock exchanges, including ADRs traded in the United States.