Will Companhia Paranaense de Energia – COPEL (NYSE:ELP) be Surging after Earnings Report?


Companhia Paranaense de Energia – COPEL (NYSE:ELP) moved down -0.45% and closed its last trading session at $11.13. This Utilities Sector stock currently has the Market Capitalization of 2.66 Billion. The Average Volume for the stock is measured as 380.18 Million. The Stock has a 52-Week High of $11.94 and 52-Week Low of $6.43 following the dates, it touched its 52-Week High on Oct 20, 2016 and 52-Week Low on Jun 1, 2016. Currently, the Return on Assets value for the trailing twelve months is 4.8% with the Return on Equity and Return on Investment of 9.7% and 6.3% respectively. This firm currently has YTD (year to date) performance of 31.25 Percent which is awesome. The Short Ratio for the stock is 6.66.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) Price to Earnings (P/E) ratio is 6.56. EPS or Earning per Share stands at $1.7. The TTM operating margin is 21.1 percent.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) reports its Earnings on Mon 27 Mar (In 8 Days). The estimated EPS for the current quarter is said to be $. Following Earnings result, share price were UP 3 times out of last 7 Qtrs. The stock has added about 17.2% since it reported its last earnings. The Closing price of Companhia Paranaense de Energia – COPEL (NYSE:ELP) at Last Earnings was $9.5 as compared to the previous closing price of $11.18. The Predicted Move on the 7th day after Companhia Paranaense de Energia – COPEL (NYSE:ELP) will release its earnings at about 4%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Companhia Paranaense de Energia – COPEL (NYSE:ELP) beats earnings by 0%, The Stock Missed Earnings  0 times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Companhia Paranaense de Energia – COPEL (NYSE:ELP) reported its previous quarter on 11/10/2016 where it reported the Actual Earnings of $-0.09. The Closing price before the company posted its earnings was $9.5. The Stock declined on the very next day of earnings and maintained its stock price at $8.42 by showing a % change of -11.37 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.55 Million. On the 7th day After Earnings Report, the stock hit its share price as $8.04 by showing -15.37% decrease from the Stock price Before Earnings were reported.

On 08/12/2016, the stock reported the EPS of $0.99 where Analysts were projecting the EPS to be $0.25 showing a difference of $0.74. Thus Surprise Factor was there with 296 percent. Before Earnings Announcement on 08/12/2016, the firm had its stock price of $10.1. And immediately on the next day after earnings announcement, the stock declined -2.67% and closed its trading session at $9.83. On 7th Day after earnings release, Companhia Paranaense de Energia – COPEL (NYSE:ELP) surged to 3.96% from $10.1 to $10.5.

Company Profile:

Companhia Paranaense de Energia – COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. As of December 31, 2015, the company operated 18 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,032.2 megawatts; and owned and operated 2,344 kilometers of transmission lines and 193,527.1 kilometers of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides telecommunication services to 4,964 corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks, as well as to 43,023 retail clients; and broadband Internet access to public elementary and middle schools. In addition, it supplies piped gas to 31,790 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 780 kilometers in the State of Paraná. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.