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

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

Energias de Portugal Price Performance

Energias de Portugal stock opened at $54.23 on Wednesday. The firm has a 50 day moving average price of $54.32 and a 200-day moving average price of $52.38. Energias de Portugal has a twelve month low of $43.06 and a twelve month high of $56.45.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded 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 assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy”.

Energias de Portugal Company Profile

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.