Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) soared 3.42% or +0.10 points during previous trade after opening at the price of $2.95, a total of 4.65M shares exchanged hands compared with its average trading volume of 6.00M shares. The stock has a market capitalization of $3.88B and it has 837.52M outstanding shares.
According to consensus agreement of 0 analysts Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) will report earnings per share of $0.00 in their quarterly report and it is expected to announce the company’s results on 8/12/2016. However a year ago for the same quarter the company has reported $0.35 earnings per share.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2015, the company reported $0.04 EPS on 11/19/2015 AMC.
Previously for the quarter ended on 6/2015, Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) reported its quarterly earnings per share of $0.14 on 8/14/2015 AMC.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) reported EPS of $0.01 on 11/14/2014 AMC.
Back on 8/14/2013 the company’s estimated EPS value was $0.45 and it reported $0.21 earnings per share (EPS) for the quarter ended on 6/2013. The company posted a negative surprise factor of 53.33% by -0.24.
Average EPS forecast for the current year is $0.31 according to 2 analysts making projections for Companhia Energetica Minas Gerais (ADR) (NYSE:CIG). The most expectant earnings per share estimate of the stock is set at $0.39 while the conservative estimates kept at $0.24 over the current year. Having a look at the historical EPS report, the company attained $0.46 EPS for the previous year. While revenue estimates for the current year is 5.87B, setting the highest revenues estimates of 6.14B and indicating lowest revenues at 5.59B according to agreement of 2 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of 0.00 covering forecast of 1 analysts. The company indicates a peak revenue level of 1.33B and 1.33B at bottom level.
Having a glance at growth estimates of the company, it has current quarter growth estimates of 0.00% whereas for next quarter it has -61.50% estimations over growth. Its forecasts over growth are -32.60% during current year while analysts’ growth estimation for the next year is 12.90%. Past 5 years growth of Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) observed at -13.63%, and for the next five years the analysts that follow this company are expecting its growth at -9.60%.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) reached at $3.02 price level during last trade its distance from 20 days simple moving average is 9.78%, and its distance from 50 days simple moving average is 35.40% while it has a distance of 69.52% from the 200 days simple moving average. On year trading price range hit the peak level of $3.03 and touched the lowest level of $1.02 and its distance from 52 week high is -0.33% and current price is above +211.49% from 52 week low.