• Energy of Minas Gerais Co CIG.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 13 cents per share.

• Revenue was $1.83 billion​; analysts expected $1.86 billion.

• Energy of Minas Gerais Co shares had fallen by 4.9% this quarter and gained 9.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 78.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "hold"

Wall Street's median 12-month price target for Energy of Minas Gerais Co is $2.20

This summary was machine generated from LSEG data November 14 at 08:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)