Enel Americas S.A. (NYSE:ENIA) 2Q20 Earnings Preview

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Enel Americas S.A. (NYSE:ENIA) is set to announce second quarter earning results on Tuesday 28th July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, ENIA to report 2Q20 income of $ 0.17 per share from revenue of $ 3479.00 million.

For the full year, analysts anticipate top line of $ 14539.80 million, while looking forward to income of $ 0.79 per share bottom line.

Previous Quarter Performance

Enel Americas S.A. reported for the first quarter of per share, from the revenue of $ 3,216.00 million. The quarterly revenues compared with the same quarter last year. According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.55 or , at the same time, top line results analysts by $ 1.27 million or .

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Stock Performance

According to the previous trading day, closing price of ENIA was $ 7.70, representing a 47.51 % increase from the 52 week low of $ 5.22 and a 31.31 % decrease over the 52 week high of $ 11.21.

The company has a market capital of $ 11.85 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.

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Enel Américas S.A., through its subsidiaries, operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2018, it had 11,257 megawatts of installed generation capacity and 24.5 million distribution customers.