Pampa Energia (PAM) Set to Announce Quarterly Earnings on Monday

Pampa Energia (NYSE:PAM) will be announcing its earnings results after the market closes on Monday, November 11th. Analysts expect the company to announce earnings of ($2.06) per share for the quarter.

Pampa Energia (NYSE:PAM) last released its quarterly earnings results on Monday, August 12th. The utilities provider reported $2.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $1.25. Pampa Energia had a net margin of 16.83% and a return on equity of 16.83%. The company had revenue of $808.00 million during the quarter. On average, analysts expect Pampa Energia to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

PAM stock traded down $1.62 during trading on Friday, reaching $14.03. The company had a trading volume of 2,096,895 shares, compared to its average volume of 716,546. Pampa Energia has a 52 week low of $12.01 and a 52 week high of $39.89. The company has a market cap of $1.15 billion, a P/E ratio of -9.17, a PEG ratio of 0.19 and a beta of 0.98. The business has a 50 day moving average of $16.27 and a 200 day moving average of $23.30. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.24 and a quick ratio of 1.09.

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A number of equities analysts recently issued reports on PAM shares. Citigroup raised shares of Pampa Energia from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $40.30 to $24.30 in a research note on Thursday, October 3rd. Morgan Stanley downgraded shares of Pampa Energia from an “overweight” rating to an “equal weight” rating in a research note on Monday, August 12th. HSBC downgraded shares of Pampa Energia from a “buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Bank of America downgraded shares of Pampa Energia from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $52.50 to $33.00 in a research note on Tuesday, August 13th. Finally, ValuEngine raised shares of Pampa Energia from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $32.08.

Pampa Energia Company Profile

Pampa EnergĂ­a SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.

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Earnings History for Pampa Energia (NYSE:PAM)

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