Empresa Nacional de Electricidad Increases Sales but Misses Revenue Estimate (EOC)

Empresa Nacional de Electricidad Increases Sales but Misses Revenue Estimate

Empresa Nacional de Electricidad (NYSE: EOC ) reported earnings on Jan. 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Empresa Nacional de Electricidad missed estimates on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped.

Margins dropped across the board.

Revenue details
Empresa Nacional de Electricidad reported revenue of $1.28 billion. The two analysts polled by S&P Capital IQ expected revenue of $1.32 billion on the same basis. GAAP reported sales were 0.6% higher than the prior-year quarter's $1.15 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.53. The two earnings estimates compiled by S&P Capital IQ predicted $1.00 per share. GAAP EPS of $0.02 for Q4 were 50% lower than the prior-year quarter's $0.04 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 37.7%, 2,160 basis points worse than the prior-year quarter. Operating margin was 31.0%, 1,320 basis points worse than the prior-year quarter. Net margin was 12.3%, 1,600 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.27 billion. On the bottom line, the average EPS estimate is $0.91.

Next year's average estimate for revenue is $5.30 billion. The average EPS estimate is $3.29.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 93 members out of 100 rating the stock outperform, and seven members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Empresa Nacional de Electricidad a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Empresa Nacional de Electricidad is outperform, with an average price target of $56.60.

Is Empresa Nacional de Electricidad the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.

Add Empresa Nacional de Electricidad to My Watchlist.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.