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Iberdrola (IBDRY)
OTHER OTC:IBDRY
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.09Last Year’s EPS
0.72Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: -3.44%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a largely positive outlook with significant profit and EBITDA growth, strong investment in renewables, and increased financial strength. However, some challenges were noted in specific regions like the UK and Brazil, impacting their respective energy businesses.Company Guidance
In the call, Iberdrola provided several key metrics and guidance for the fiscal year 2024 and beyond. The company reported a net profit of EUR 5,471 million for the first nine months, a 50% increase compared to the previous year. Their EBITDA reached EUR 13,269 million, with recurring EBITDA growing by 11% to EUR 11,551 million. This growth was attributed to improved performance across various business segments, particularly in regulated networks, where EBITDA rose by 11% due to higher rate bases and tariff increments in the UK and the US. Cash flow increased by 69% to EUR 13,821 million, and recurrent FFO grew by 13% to EUR 8,888 million, leading to an FFO to adjusted net debt ratio of 25.3%. Iberdrola’s liquidity position remains robust at over EUR 22 billion, enabling them to cover financial needs for 20 months. Investment in networks and renewable energy continued to accelerate, with organic investments up 12% to EUR 8.6 billion. The company increased its interim shareholder remuneration by 14% to EUR 0.23 per share and forecasted a net profit of around EUR 5.5 billion for the full year 2024, excluding capital gains from asset rotations. Looking ahead to 2025 and 2026, Iberdrola expects continued growth driven by increased investments and higher capacity, although specific targets will be updated in the next Capital Market Day in 2025.Significant Net Profit Increase
Reported net profit reached EUR5,471 million, up by 50% in the first nine months of 2024.
EBITDA Growth
Reported EBITDA reached EUR13,269 million, an increase of 23%. Recurring EBITDA increased by 11% to EUR11,551 million.
Investment and Expansion
Organic investment up 12% reaching EUR8.6 billion with a focus on Networks. Acquisition of Electricity North West and Avangrid minorities approved.
Renewable Energy Expansion
2,300 megawatts of new capacity added, mainly offshore wind, with successful bids in the UK and US.
Financial Strength
Recurrent FFO increased by 13% to EUR8,888 million with a solid liquidity position of over EUR22 billion.
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IBDRY Earnings History
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
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IBDRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $59.03 | $59.71 | +1.15% |
| Jul 24, 2024 | $50.47 | $51.28 | +1.60% |
| Apr 24, 2024 | $48.71 | $48.62 | -0.18% |
| Feb 22, 2024 | $46.62 | $45.85 | -1.65% |
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.
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FAQ
When does Iberdrola (IBDRY) report earnings?
Iberdrola (IBDRY) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Iberdrola (IBDRY) earnings time?
Iberdrola (IBDRY) earnings time is at Feb 19, 2025, TBA Not 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 IBDRY EPS forecast?
IBDRY EPS forecast for the fiscal quarter 2024 (Q4) is 0.09.
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