Energias de Portugal (EDPFY) Expected to Release Earnings on Wednesday

Energias de Portugal (OTCMKTS:EDPFY) will likely be posting its resultson Wednesday, July 29th. Analysts expect Energias de Portugal to announce earnings of $0.7870 per share and revenue of $4.3208 billion for the quarter.

Energias de Portugal Price Performance

Shares of OTCMKTS EDPFY opened at $51.85 on Wednesday. The stock has a 50 day moving average price of $51.39 and a 200 day moving average price of $51.30. Energias de Portugal has a 52 week low of $42.31 and a 52 week high of $56.45.

Analyst Ratings Changes

Separately, Citigroup upgraded Energias de Portugal to a “strong-buy” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Energias de Portugal currently 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.