TAESA (TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA)

TAESA reported Q1 2026 EPS of $0.7327, beating analysts’ estimate of $0.7158. Revenue was BRL 656 million, regulatory EBITDA rose 10.3% to BRL 562.1 million, and regulatory net income increased 2.3% to BRL 192.6 million. IFRS net income, however, fell 3.2% to BRL 353.6 million. Despite the positive surprise, the stock fell 2.98% in after-hours trading. Management reiterated an optimistic outlook, forecasting EPS of $0.74 for 2026 and $0.87 for 2027. » Mais em de.investing.com

TAESA reports regulatory net revenue of R$ 655.5 million in Q1 2026 (+9.6%) and EBITDA of R$ 562.1 million, lifting the consolidated EBITDA margin to 85.8%. Growth was driven by tariff adjustments, commissioning of new projects (including Pitiguari, Tangará, Saíra) and improved system availability (99.95%). Regulatory net income rose to R$ 192.6 million, of which TAESA will distribute 100% as a payout in the form of IoE (R$ 0.56 per share); under IFRS net income fell to R$ 353.6 million (-3.2%) due to lower foreign-exchange adjustments. The company also strengthened its balance sheet with an R$ 800 million bond issuance and expects investments of R$ 600–700 million for 2026. » Mais em de.investing.com

TAESA reports consolidated EBITDA for 2025 of over R$2.1 billion (+12.5%; adjusted +7.3%) and a Q4 regulatory net income of R$313.1 million (+56.1%). Regulatory net revenue rose to R$2,513.3 million (+7.9%), while adjusted operating costs increased by only 2.0%, remaining below inflation. The variable regulatory component fell to 0.53%, operational availability rose to 99.94%, and technology initiatives helped reduce outages. Management proposes a remaining minimum dividend of R$313.1 million (R$0.91 per share); the total distribution for 2025 amounts to R$1,124 million (R$3.26 per share). » Mais em de.investing.com