Empresa Distribuidora y Comercializadora Norte SA expected to post a loss of 1 cent a share - Earnings Preview

Reuters
2024-11-05
Empresa Distribuidora y Comercializadora Norte SA <edn.n> expected to post a loss of 1 cent a share - Earnings Preview </edn.n>
  • Empresa Distribuidora y Comercializadora Norte SA EDN.N, EDN is expected to show a rise in quarterly revenue when it reports results on November 6 (estimated) for the period ending September 30 2024

  • The Buenos Aires-based company is expected to report a 18.9% increase in revenue to $524.74 million from $441.32 million a year ago, according to the estimate from one analyst, based on LSEG data.

  • ​LSEG's mean analyst estimate for Empresa Distribuidora y Comercializadora Norte SA is for a loss of 1 cent per share.

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Empresa Distribuidora y Comercializadora Norte SA is $30.00​, below​ its last closing price of $31.12. ​​​

This summary was machine generated November 4 at 19:30 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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