NYSE$CIG

Companhia Energetica de Minas Gerais-ADR · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Headline financials

Total Revenue

R$2.01B

Previous: R$1.82B+10.3%
EPS (adj)

R$0.13

Previous: R$0.12+12.4%
Capital Expenditures

-R$88.1M

No prior period
Free Cash Flow

R$313M

No prior period
Net Income

R$380M

Previous: R$1.41B-72.9%
Operating Income

R$324M

Previous: R$1.52B-78.6%
Gross Profit

R$407M

Previous: R$1.54B-73.6%
Cash & Equivalents

R$476M

No prior period
Total Assets

R$11.3B

No prior period
R&D Expense

R$2.44M

Previous: R$8.95M-72.8%

Revenue & EPS history

Cemig · Revenue · Quarterly

R$2.01B

Q4 2023+10.3%vs Q4 2022
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.4%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+2.4%

Avg return

30 days after

51%

31 / 61 earnings

Positive

+7.3%

Q1 2022

Best reaction

-24.3%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-1.3%-6.1%-15.7%
Q4 2026+4.0%-1.9%-15.0%
Q2 2025-2.6%+1.5%+7.2%
Q4 2024-7.1%-7.6%-11.6%
Q3 2024+7.3%-1.5%-12.9%
Q1 2024-1.5%+1.6%-4.5%
Q4 2023-1.7%+0.0%-1.7%
Q3 2023-0.5%+1.2%-13.3%
Q2 2023-5.1%-6.6%-4.3%
Q1 2023-1.6%-1.2%-2.5%
Q4 2022-5.1%-1.5%+4.9%
Q3 2022+2.0%-1.0%+6.6%
Q1 2022+7.3%+13.4%-12.6%
Q4 2021-2.1%-7.1%+2.9%
Q3 2021+2.8%+0.8%+1.6%
Q2 2021+0.0%+2.4%+18.0%
Q1 2021+5.3%+7.1%+15.6%
Q4 2020-2.6%-1.0%-11.5%
Q3 2020+1.9%+4.9%-1.1%
Q2 2020+6.9%+3.5%+21.4%
Q1 2020-9.3%-14.0%+0.0%
Q4 2019+0.6%-2.3%+2.6%
Q3 2019+2.3%+1.5%-0.3%
Q2 2019+0.5%+1.8%-3.4%
Q1 2019-0.5%+1.7%+3.6%
Q4 2018+5.6%+5.1%+6.0%
Q3 2018+0.0%+27.5%+75.4%
Q2 2018+0.5%+3.3%+16.8%
Q1 2018-3.8%-5.0%-7.4%
Q4 2017+3.8%+1.5%+14.1%
Q3 2017-1.8%+1.4%-7.5%
Q2 2017+0.8%+0.8%+10.3%
Q1 2017-24.3%-24.5%-18.4%
Q4 2016-1.4%-25.8%-22.6%
Q3 2016+2.2%+2.3%+12.8%
Q2 2016+4.6%+10.0%+31.3%
Q1 2016-5.9%
Q4 2015-5.9%
Q3 2015+5.4%
Q2 2015-2.6%
Q1 2015+3.9%
Q4 2014-1.6%
Q3 2014-14.9%
Q1 2025
Q2 2014-3.1%
Q1 2014-1.7%
Q4 2013-1.7%
Q3 2013+2.1%
Q2 2013+0.3%
Q1 2013+0.2%
Q4 2012+4.3%
Q3 2012+0.2%
Q2 2012+3.5%
Q1 2001+3.8%
Q4 2011-1.2%
Q3 2011-6.1%
Q2 2011+1.1%
Q1 2011+5.1%
Q4 2010+2.0%
Q3 2010+3.1%
Q2 2010+1.2%
Q1 2010-0.2%

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