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3 |
| Hold |
1 |
| Sell |
0 |
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Cemig exceeds revenue forecasts in Q2 2026, earnings per share slightly below estimate
Cemig reported revenue of $2.15 billion in Q2 2026, significantly beating consensus estimates, while earnings per share of $0.0474 were slightly below expectations. Adjusted EBITDA rose 9.3% and net income increased 15.6% year over year, but profitability was weighed down by higher financial expenses and a negative trading result. The company made substantial investments in networks, generation and gas distribution, remains committed to an investment plan of BRL 6.7 billion, and expects trading results to improve in the second half of the year while continuing to deliver attractive dividend yields. » More on de.investing.com
CEMIG Q1 2026: revenue meets forecasts, EPS slightly below expectations
CEMIG reported Q1 2026 revenue of 2.14 billion USD in line with expectations and an EPS of 0.0505 USD, missing the consensus estimate of 0.0517 USD by 2.32%. EBITDA was 1.79 billion BRL and net income was 979 million BRL; operating cash flow amounted to 1.5 billion BRL. The company recorded a net leverage ratio of 2.45x and made significant investments in distribution and renewables. Shares fell 1.23% in after-hours trading; management sees further growth potential and is focusing on investments to reduce hydrological risks. » More on de.investing.com
CEMIG posts Q1 2026 EBITDA BRL 1.79 billion as distribution drives growth
CEMIG reported Q1 2026 EBITDA of BRL 1.79 billion and net profit of BRL 979 million, driven mainly by a 26.6% rise in distribution EBITDA to about BRL 1.01 billion amid heavy investment in substations and network expansion. The company invested BRL 1.48 billion in the quarter, paid BRL 658 million in shareholder remuneration and completed a small acquisition of PCH Pipoca and Temacu. Management highlighted challenges from higher energy price volatility and hydrological risk (GSF 0.92) that raised generation and trading costs, while leverage stood at 2.45x net debt to recurring EBITDA and average debt maturity was extended to 6.6 years as CEMIG executes a BRL 44 billion investment plan. Alexandre Ramos Peixoto was approved as the new CEO. » More on finance.yahoo.com
CEMIG misses Q1 forecasts, stock remains stable
CEMIG reported Q1 2026 earnings per share of $0.0505 (expected $0.0517) and revenue of $1.88 billion versus the $2.14 billion forecast. Despite the revenue and EPS misses, the stock rose 0.42% in pre-market trading. The company emphasizes strong cash-flow management, strategic debt management and continued diversification into renewables. For upcoming quarters, CEMIG forecasts an EPS of $0.08 and expects further growth driven by infrastructure and renewable investments. » More on de.investing.com
Cemig: record investments in 2025 despite missed earnings expectations
Cemig reported a missed EPS forecast for Q4/2025 and the full year (0.0541 USD vs. 0.0665 USD) and declining recurring EBITDA and net income, while at the same time executing record investments of R$6.6 billion. The company highlighted operational efficiency and service metrics, settled post‑contractual health liabilities and achieved an upgrade to AAA from Moody’s. Despite higher net debt (from R$9.89 billion to R$16.80 billion; net debt/EBITDA 2.30x), Cemig maintained high distributions and benefits from longer concession terms and sustainability recognitions. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 1.89B | 12.09% |
| Gross profit | 330.45M | 25.16% |
| Net profit | 159.97M | 13.76% |
| EBITDA | 363.59M | 20.48% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €8.1B |
Number of shares | 4.7B |
52-week high/low | €2.24 - €1.59 |
Dividend yield | 1.57% |
Dividends TTM | €0.0265 |
Beta | 0.06 |
P/E ratio | 10.90 |
PEG ratio | -0.37 |
P/B ratio | 1.72 |
P/S ratio | 1.15 |
Company profile
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
| Name | COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG |
| CEO | Reynaldo Passanezi Filho |
| Headquarters | Belo Horizonte,
mg Brazil |
| Website | |
| Sector | Utilities |
| Industry | Electric Utilities |
| IPO | 01/03/2000 |
| Employees | 5,320 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Sao | CMIG4.SA |
Frankfurt | CIDA.F |
Madrid | XCMIG.MC |
Düsseldorf | CIDA.DU |