What will be the predicted Move for CPFL Energia S.A. (NYSE:CPL) on 7th day after earnings?


CPFL Energia S.A. (NYSE:CPL) moved up 0.12% and closed its last trading session at $16.42. This Utilities Sector stock currently has the Market Capitalization of 8.42 Billion. The Average Volume for the stock is measured as 266.31 Million. The Stock has a 52-Week High of $16.76 and 52-Week Low of $9.7 following the dates, it touched its 52-Week High on Feb 16, 2017 and 52-Week Low on Apr 6, 2016. Currently, the Return on Assets value for the trailing twelve months is 2.8% with the Return on Equity and Return on Investment of 13.6% and 6.5% respectively. This firm currently has YTD (year to date) performance of 7.54 Percent which is awesome. The Short Ratio for the stock is 1.3.

CPFL Energia S.A. (NYSE:CPL) Price to Earnings (P/E) ratio is 24.36. EPS or Earning per Share stands at $0.67. The TTM operating margin is 14.6 percent.

CPFL Energia S.A. (NYSE:CPL) reports its Earnings on Thu 23 Mar (In 4 Days). The estimated EPS for the current quarter is said to be $. Following Earnings result, share price were DOWN 4 times out of last 7 Qtrs. The stock has added about 17.9% since it reported its last earnings. The Closing price of CPFL Energia S.A. (NYSE:CPL) at Last Earnings was $13.93 as compared to the previous closing price of $16.4. The Predicted Move on the 7th day after CPFL Energia S.A. (NYSE:CPL) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, CPFL Energia S.A. (NYSE:CPL) beats earnings by 16%, The Stock Missed Earnings  1 times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

CPFL Energia S.A. (NYSE:CPL) reported its previous quarter on 11/11/2016. The Closing price before the company posted its earnings was $13.93. The Stock declined on the very next day of earnings and maintained its stock price at $13.7 by showing a % change of -1.65 percent from its previous closing price. The Next Day Volume after Earnings was reported as 951604. On the 7th day After Earnings Report, the stock hit its share price as $14.13 by showing 1.44% increase from the Stock price Before Earnings were reported.

Company Profile:

CPFL Energia S.A., together with its subsidiaries, generates, transmits, distributes, and commercializes electricity to industrial, residential, commercial, rural, and other consumers; and provides energy-related services in Brazil. The company generates electricity through hydroelectric, thermoelectric biomass, solar energy, and wind power plants. It also manufactures, commercializes, rents, and maintains electro-mechanical equipment; and provides administrative, call center, IT, collection, telecommunication, energy transmission, and energy efficiency management services, as well as maintenance services for energy generation companies. As of December 31, 2015, the company distributed electricity to approximately 7.8 million consumers; and had installed capacity of approximately 3,164 megawatts, as well as 247,422 kilometers of distribution lines, including 369,526 distribution transformers. CPFL Energia S.A. was founded in 1998 and is headquartered in São Paulo, Brazil.