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

Energias de Portugal (OTCMKTS:EDPFY) will likely be issuing its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.8630 per share and revenue of $4.2960 billion for the quarter.

Energias de Portugal Trading Down 2.3%

Shares of Energias de Portugal stock opened at $51.18 on Tuesday. The company has a 50-day simple moving average of $51.48 and a two-hundred day simple moving average of $51.44. Energias de Portugal has a one year low of $42.31 and a one year high of $56.45.

Analyst Ratings Changes

Separately, Citigroup raised shares of Energias de Portugal to a “strong-buy” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “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.