Companhia Paranaense de Energia – COPEL (NYSE:ELP) Announces Earnings Results, Misses Expectations By $0.23 EPS

Companhia Paranaense de Energia – COPEL (NYSE:ELP) issued its quarterly earnings data on Friday. The utilities provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.23), Zacks reports. Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of NYSE ELP traded down $0.28 during midday trading on Friday, reaching $6.67. 484,731 shares of the company were exchanged, compared to its average volume of 268,813. The stock has a market cap of $3.65 billion, a P/E ratio of 9.94 and a beta of 1.00. Companhia Paranaense de Energia – COPEL has a 1 year low of $5.72 and a 1 year high of $8.30. The stock has a fifty day simple moving average of $6.42 and a 200 day simple moving average of $6.83. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51.

About Companhia Paranaense de Energia – COPEL

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.