Energias de Portugal (EDPFY) to Release Earnings on Wednesday

Energias de Portugal (OTCMKTS:EDPFY) is anticipated to release its results before the market opens on Wednesday, February 25th. Analysts expect Energias de Portugal to post earnings of $0.6420 per share and revenue of $3.9015 billion for the quarter.

Energias de Portugal Stock Performance

Shares of EDPFY stock opened at $51.32 on Tuesday. The stock has a fifty day simple moving average of $48.80 and a two-hundred day simple moving average of $47.07. The firm has a market capitalization of $20.25 billion, a PE ratio of 43.13 and a beta of 0.59. Energias de Portugal has a 52-week low of $31.55 and a 52-week high of $52.83.

Wall Street Analysts Forecast Growth

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

Energias de Portugal Company Profile

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.