NYSE: CIG
Energy Co Of Minas Gerais Earnings Dates, Reports, Calls

Energy Co Of Minas Gerais earnings were $1.1B for the trailing 12 months ending Dec 31, 2023, with 52.8% growth year over year. For the last reported fiscal year 2023 ending Dec 31, 2023, CIG reported annual earnings of $1.2B, with 53% growth.

CIG past earnings growth

How has CIG's earnings growth performed historically?

Company
52.77%
Industry
10.11%
Market
48.81%
CIG's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
CIG's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Market Performance
CIG's earnings growth is accelerating... subscribe to Premium to read more.
Accelerating Earnings Growth Performance

CIG earnings history

Current Revenue
$7.6B
Current Earnings
$1.2B
Current Profit Margin
15.6%
CIG's has not demonstrated consistent... subscribe to Premium to read more.
Long-term Earnings Growth Trend Performance

CIG Return on Equity

Current Company
24.8%
Current Industry
9.1%
Current Market
31.3%
CIG's Return on Equity (24.8%)... subscribe to Premium to read more.
High Return on Equity Performance

CIG Return on Assets

Current Company
10.6%
Current Industry
2.8%
CIG is generating higher Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

Be the first to know when CIG announces earnings.

CIG Return on Capital Employed

Current Company
20.28%
Current Industry
5.9%
CIG has gotten more efficient... subscribe to Premium to read more.
Increasing Return on Capital Employed Performance

CIG vs Diversified Utility Stocks

TickerEBITDAEarningsY/Y EarningsEPS
CIG$1.92B$1.13B+21.56%$0.40
BKH$748.29M$254.78M+0.22%$3.73
ALE$541.90M$180.20M-3.91%$3.13
ELP$1.23B$443.95M+4.98%$0.77
OTTR$518.38M$304.58M+29.14%$7.29

Energy Co Of Minas Gerais Earnings Reports & History FAQ

What was CIG's earnings growth in the past year?

As of Energy Co Of Minas Gerais's earnings date in Invalid Date, Energy Co Of Minas Gerais's earnings has grown 52.77% year over year. This is 42.66 percentage points higher than the US Utilities - Diversified industry earnings growth rate of 10.11%. CIG earnings in the past year totalled $1.13 billion.

If you're new to stock investing, here's how to buy Energy Co Of Minas Gerais stock.

Is Energy Co Of Minas Gerais profitable or losing money?

As of the last Energy Co Of Minas Gerais earnings report, Energy Co Of Minas Gerais is currently profitable. Energy Co Of Minas Gerais's net profit (also called net income) for the twelve months ending Dec 31, 2023 was $1.18 billion, a 53.01% increase year over year.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.