COPEL demonstrated strong financial and operational performance with significant investments and efficient cost management. However, challenges in generation curtailment and a decline in net income present areas of concern.

Company Guidance

During the third quarter of 2025, Companhia Paranaense de Energia (COPEL) reported a recurring EBITDA of BRL 1.3 billion, marking an 8% increase compared to the same period last year, along with a recurring net income of BRL 375 million. The company invested significantly, with BRL 981 million in CapEx during the third quarter alone, totaling BRL 2.6 billion for the first nine months of 2025. This investment supports service expansion and asset modernization ahead of a historical tariff review in 2026. COPEL also completed the divestment of four photovoltaic solar plants for BRL 78 million and the Mashigua Sue HPP, achieving a leverage ratio of 2.8x net debt over EBITDA. Operationally, sales reached almost 5 gigawatts, with a build market growth of 1.7%. The company faced a challenging scenario with a GSF of 65% and a curtailment of 35%, but benefited from a 50% increase in the PLD spot market, reaching BRL 250 per megawatt hour. The integration of Mata de Santa Genebra contributed to a robust and efficient portfolio. COPEL is preparing for migration to Novo Mercado, with a special general meeting scheduled for November 17 to ratify share conversion, aiming for completion by year-end, which would also affect dividend distribution strategies.

Strong Financial Performance

COPEL posted a recurring EBITDA of BRL 1.3 billion, up almost 8% over the same period last year, and a recurring net income of BRL 375 million.

Significant Investment in CapEx

COPEL invested BRL 981 million in CapEx in the third quarter alone, totaling BRL 2.6 billion in the 9 months of 2025.

Successful Divestments

Completed the divestment of 4 photovoltaic solar plants and Mashigua Sue HPP, maintaining a leverage ratio of 2.8x net debt over EBITDA.

Operational Resilience

Sales of almost 5 gigawatts and a 1.7% growth in the build market of DISCO.

Cost Efficiency Improvements

Significant cost reductions achieved, including an 18.4% reduction in personnel and administrative expenses, and a 4.1% reduction in PMSO expenses.

Progress Towards Novo Mercado

Steps for migration to Novo Mercado completed, expecting to finalize by the end of December 2025.

Companhia Paranaense de Energia Pfd (ELP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ELP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 26, 2026	2025 (Q4)	0.22 / -	0.111	―	―	―
Nov 12, 2025	2025 (Q3)	0.13 / 0.10	0.217	-54.84% (-0.12)
Aug 06, 2025	2025 (Q2)	0.09 / 0.14	0.117	18.80% (+0.02)
May 08, 2025	2025 (Q1)	0.10 / 0.15	0.14	10.71% (+0.01)
Feb 27, 2025	2024 (Q4)	0.19 / 0.11	0.175	-36.57% (-0.06)
Nov 06, 2024	2024 (Q3)	0.22 / 0.22	0.142	52.82% (+0.08)
Aug 07, 2024	2024 (Q2)	0.16 / 0.12	0.093	25.81% (+0.02)		―
May 08, 2024	2024 (Q1)	0.15 / 0.14	0.176	-20.45% (-0.04)	―	―
Feb 29, 2024	2023 (Q4)	0.16 / 0.17	0.087	101.15% (+0.09)	―	―
Nov 08, 2023	2023 (Q3)	0.14 / 0.14	0.099	43.43% (+0.04)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ELP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 12, 2025	$10.81	―	―
Aug 06, 2025	$8.93	$9.24	+3.47%
May 08, 2025	$8.30	$8.64	+4.10%
Feb 27, 2025	$6.75	$6.48	-4.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Companhia Paranaense de Energia Pfd (ELP) report earnings?

Companhia Paranaense de Energia Pfd (ELP) is schdueled to report earning on Mar 26, 2026, TBA (Confirmed).

What is Companhia Paranaense de Energia Pfd (ELP) earnings time?

Companhia Paranaense de Energia Pfd (ELP) earnings time is at Mar 26, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ELP EPS forecast?

ELP EPS forecast for the fiscal quarter 2025 (Q4) is 0.22.

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