Pampa Energia (PAM) Scheduled to Post Earnings on Monday

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

Pampa Energia (NYSE:PAM) last announced its quarterly earnings data on Monday, August 12th. The utilities provider reported $2.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $1.25. Pampa Energia had a return on equity of 16.83% and a net margin of 16.83%. The business had revenue of $808.00 million for 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.

Pampa Energia stock traded down $1.62 during midday trading on Friday, reaching $14.03. The stock had a trading volume of 2,096,895 shares, compared to its average volume of 716,546. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $1.15 billion, a PE ratio of -9.17, a P/E/G ratio of 0.19 and a beta of 0.98. Pampa Energia has a 12 month low of $12.01 and a 12 month high of $39.89. The firm’s 50-day moving average price is $16.27 and its 200 day moving average price is $23.30.

PAM has been the subject of a number of recent analyst reports. Zacks Investment Research raised Pampa Energia from a “hold” rating to a “strong-buy” rating and set a $19.00 target price for the company in a report on Tuesday, October 1st. Citigroup raised Pampa Energia from a “neutral” rating to a “buy” rating and reduced their target price for the company from $40.30 to $24.30 in a report on Thursday, October 3rd. ValuEngine raised Pampa Energia from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. HSBC lowered Pampa Energia from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Finally, Bank of America lowered Pampa Energia from a “buy” rating to a “neutral” rating and reduced their target price for the company from $52.50 to $33.00 in a report on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $32.08.

About Pampa Energia

Pampa Energía 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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