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    CPFE3   BRCPFEACNOR0

CPFL ENERGIA S.A.

(CPFE3)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 07/23
26.15 BRL   -1.54%
07/21China's State Grid Wins Bid to Buy 66% of Brazilian Energy Firm CEE For $515 Million
MT
07/19CPFL ENERGIA S A : Apresentação - Aquisição CEEE-T
PU
07/16CPFL ENERGIA S A : Presentation - Acquisition CEEE-T
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

CPFL Energia 1Q Net Income Rises 6.3% to BRL961 Million

05/13/2021 | 04:19pm EDT

By Jeffrey T. Lewis

SÃO PAULO--Brazilian power company CPFL Energia SA said profit rose in the first quarter from a year earlier as rate increases offset a decline in the volume of electricity sold.

The holding company, which owns stakes in generation, distribution and commercialization businesses, said Thursday that net income increased 6.3% from the first quarter of 2020 to 961 million reais, the equivalent of $181 million. Earnings before interest, taxes, depreciation and amortization rose 15.9% to 2 billion reais and net operating revenue rose 13.8% to 8.3 billion reais.

The company said average tariffs rose 9.4% in the period after periodic rate increases, which was partially offset by a 3.4% decline in the amount of energy sold. Other operating revenue jumped 22.9% from the first quarter of 2020 as network usage charges increased because of tariff adjustments and an increase in the volume of electricity transported, CPFL said.

Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com

(END) Dow Jones Newswires

05-13-21 1819ET

Stocks mentioned in the article
ChangeLast1st jan.
CPFL ENERGIA S.A. -1.54% 26.15 End-of-day quote.-19.66%
DJ INDUSTRIAL 0.07% 35081.97 Delayed Quote.14.56%
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07/16CPFL ENERGIA S A : Acquisition CEEE-T (Presentation)
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06/24CPFL ENERGIA S A : Reunião da Administração
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05/14CPFL ENERGIA S.A. : 1st quarter results
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05/13CPFL ENERGIA S A : 1T21 ITR - CPFL Energia
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05/13CPFL Energia 1Q Net Income Rises 6.3% to BRL961 Million
DJ
More news
Financials
Sales 2021 31 124 M 5 960 M 5 960 M
Net income 2021 3 340 M 640 M 640 M
Net Debt 2021 15 167 M 2 904 M 2 904 M
P/E ratio 2021 9,03x
Yield 2021 6,58%
Capitalization 30 131 M 5 824 M 5 770 M
EV / Sales 2021 1,46x
EV / Sales 2022 1,32x
Nbr of Employees 16 040
Free-Float 16,3%
Chart CPFL ENERGIA S.A.
Duration : Period :
CPFL Energia S.A. Technical Analysis Chart | CPFE3 | BRCPFEACNOR0 | MarketScreener
Technical analysis trends CPFL ENERGIA S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 26,15 BRL
Average target price 37,71 BRL
Spread / Average Target 44,2%
EPS Revisions
Managers and Directors
Gustavo Estrella Chief Executive Officer & Director
Yue Hui Pan Chief Financial Officer & IR Officer
Bo Wen Chairman
Luís Henrique Ferreira Pinto Vice President-Regulated Operations
Antonio Kandir Independent Director
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