Energias de Portugal (EDPFY) Projected to Announce Earnings on Wednesday

Energias de Portugal (OTCMKTS:EDPFY) is expected to be posting its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.8630 per share and revenue of $4.3208 billion for the quarter.

Energias de Portugal Stock Performance

Shares of EDPFY stock opened at $52.36 on Monday. Energias de Portugal has a 1 year low of $42.31 and a 1 year high of $56.45. The stock’s 50 day simple moving average is $51.48 and its two-hundred day simple moving average is $51.42.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Energias de Portugal

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.