Energias de Portugal (EDPFY) Expected to Release Quarterly Earnings on Friday

Energias de Portugal (OTCMKTS:EDPFY) is projected to issue its results after the market closes on Friday, November 6th. Analysts expect the company to announce earnings of $0.9580 per share and revenue of $4.70 billion for the quarter.

Energias de Portugal Price Performance

Shares of EDPFY opened at $56.14 on Thursday. The business’s 50-day moving average price is $54.34 and its 200 day moving average price is $52.42. Energias de Portugal has a 1-year low of $43.06 and a 1-year high of $56.94.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Energias de Portugal from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

About Energias de Portugal

Energias de Portugal, SA (EDP) is a Portugal-based integrated energy company engaged in electricity generation, transmission and distribution, and energy supply. The company serves residential, commercial and industrial customers and provides electricity and related energy services through regulated networks and competitive retail operations.

EDP has a significant focus on renewable energy, including wind, solar, hydroelectric and other clean-energy generation assets. Through its renewable-energy subsidiary, EDP Renewables, the company develops, owns and operates renewable power projects in multiple markets.