Pampa Energia SA reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-11-07
Pampa Energia SA reports results for the quarter ended in September 30 - Earnings Summary
  • Pampa Energia SA PAM.N reported quarterly adjusted earnings of $2.70​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.80. The mean expectation of four analysts for the quarter was for earnings of $1.84 per share. Wall Street expected results to range from $1.33 to $2.16 per share.

  • Revenue rose 13.9% to $540.00 million from a year ago; analysts expected $581.28 million.

  • Pampa Energia SA's reported EPS for the quarter was $2.70​.

  • The company reported quarterly net income of $146 million.

  • Pampa Energia SA shares had risen by 12.7% this quarter and gained 36.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 4% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Pampa Energia SA is $75.00

This summary was machine generated from LSEG data November 7 at 04:56 a.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

1.84

2.70

Beat

Jun. 30 2024

1.67

1.80

Beat

Mar. 31 2024

1.24

4.90

Beat

Dec. 31 2023

-2.85

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