Companhia Paranaense de Energia Pfd (ELP) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Companhia Paranaense de Energia reported a mixed financial performance for the third quarter of 2024, with a notable 8.7% increase in EBITDA for its distribution segment, attributed to growth in the billed grid market and tariff adjustments. However, the consolidated EBITDA fell 10.9% due to lower average energy prices and increased generation curtailment. Despite these challenges, net operating revenue saw a 3.5% rise, driven by increased grid availability revenue and sectoral financial assets.
For further insights into ELP stock, check out TipRanks’ Stock Analysis page.
