The exciting news about Companhia Paranaense de Energia – COPEL (NYSE: ELP) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
In accordance with the predictions of financial analysts on Wall Street, the establishment is on track to report an expected per share of $0.40 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $846.1 million for this quarter.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $3.34 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.84 during the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.02. This was attributed to the company's total revenue, which amounted to an impressive $1.13 billion during that same period.
The previous trading day saw Companhia Paranaense de Energia – COPEL (ELP) shares trading between $6.46 and $6.68, besides a volume of 134.20 thousand shares. The stock closed Friday's regular trading session at $6.46, marking 3.73 percent drop.
