We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Strength Seen in Companhia Paranaense de Energia - Copel Unsponsored ADR (ELPC): Can Its 8.2% Jump Turn into More Strength?
Read MoreHide Full Article
Companhia Paranaense de Energia - Copel Unsponsored ADR (ELPC - Free Report) shares rallied 8.2% in the last trading session to close at $13.92. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.9% gain over the past four weeks.
The company reported solid value creation in second-quarter 2026, supported by strong operating performance and a lower effective income tax rate that boosted net income. The company’s long-term generation availability enhances earnings flexibility by allowing it to capitalize on favorable market conditions while providing a natural hedge during periods of volatility.
The company’s ongoing organic investment cycle further supports its long-term growth prospects. Investments in hydroelectric generation modernization, along with transmission upgrades and improvements, should enhance operating efficiency, reliability and asset quality. These initiatives, backed by attractive expected returns, position the company to strengthen cash generation and create sustainable shareholder value over time.
This company is expected to post quarterly earnings of 12 cents per share in its upcoming report, which represents a year-over-year change of +9.1%. Revenues are expected to be $851.4 million, down 31.9% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Companhia Paranaense de Energia - Copel Unsponsored ADR, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on ELPC going forward to see if this recent jump can turn into more strength down the road.
Companhia Paranaense de Energia - Copel Unsponsored ADR is part of the Zacks Utility - Electric Power industry. CenterPoint Energy (CNP - Free Report) , another stock in the same industry, closed the last trading session 0.1% lower at $37.75. CNP has returned -4.7% in the past month.
CenterPoint's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.49. Compared to the company's year-ago EPS, this represents a change of -2%. CenterPoint currently boasts a Zacks Rank of #2 (Buy).
View the Zacks #1 Rank List
Image: Bigstock
Strength Seen in Companhia Paranaense de Energia - Copel Unsponsored ADR (ELPC): Can Its 8.2% Jump Turn into More Strength?
Companhia Paranaense de Energia - Copel Unsponsored ADR (ELPC - Free Report) shares rallied 8.2% in the last trading session to close at $13.92. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.9% gain over the past four weeks.
The company reported solid value creation in second-quarter 2026, supported by strong operating performance and a lower effective income tax rate that boosted net income. The company’s long-term generation availability enhances earnings flexibility by allowing it to capitalize on favorable market conditions while providing a natural hedge during periods of volatility.
The company’s ongoing organic investment cycle further supports its long-term growth prospects. Investments in hydroelectric generation modernization, along with transmission upgrades and improvements, should enhance operating efficiency, reliability and asset quality. These initiatives, backed by attractive expected returns, position the company to strengthen cash generation and create sustainable shareholder value over time.
This company is expected to post quarterly earnings of 12 cents per share in its upcoming report, which represents a year-over-year change of +9.1%. Revenues are expected to be $851.4 million, down 31.9% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Companhia Paranaense de Energia - Copel Unsponsored ADR, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on ELPC going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Companhia Paranaense de Energia - Copel Unsponsored ADR is part of the Zacks Utility - Electric Power industry. CenterPoint Energy (CNP - Free Report) , another stock in the same industry, closed the last trading session 0.1% lower at $37.75. CNP has returned -4.7% in the past month.
CenterPoint's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.49. Compared to the company's year-ago EPS, this represents a change of -2%. CenterPoint currently boasts a Zacks Rank of #2 (Buy).