Enel (ENLAY) Expected to Announce Quarterly Earnings on Thursday

Enel (OTCMKTS:ENLAY) is expected to issue its resultson Thursday, July 30th. Analysts expect Enel to post earnings of $0.2027 per share and revenue of $23.9402 billion for the quarter.

Enel (OTCMKTS:ENLAY) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $26.61 billion. On average, analysts expect Enel to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Enel Stock Up 0.4%

ENLAY stock opened at $11.28 on Tuesday. Enel has a 12 month low of $8.70 and a 12 month high of $12.13. The firm has a market cap of $114.68 billion, a PE ratio of 14.84, a P/E/G ratio of 3.50 and a beta of 0.81. The firm has a 50 day simple moving average of $11.32 and a 200 day simple moving average of $11.19. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.72.

Analyst Ratings Changes

Several research firms have issued reports on ENLAY. Citigroup reaffirmed a “neutral” rating on shares of Enel in a report on Tuesday, May 19th. Morgan Stanley reissued an “underweight” rating on shares of Enel in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Enel Company Profile

Enel S.p.A. is a multinational energy company headquartered in Rome, Italy. It specializes in the generation, distribution and sale of electricity and gas, serving residential, commercial and industrial customers. Enel’s business activities encompass both conventional thermal power plants and a growing portfolio of renewable energy assets, including wind, solar, hydroelectric and geothermal installations. The company also provides advanced energy management services, electric vehicle charging infrastructure and demand response solutions.

Founded in 1962 as a state-owned electricity provider, Enel underwent partial privatization starting in the late 1990s and was listed on the Milan Stock Exchange in 1999.