Enel Chile (NYSE:ENIC) Announces Earnings Results

by · The Cerbat Gem

Enel Chile (NYSE:ENIC – Get Free Report) posted its earnings results on Wednesday. The utilities provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03, Zacks reports. Enel Chile had a net margin of 11.04% and a return on equity of 9.60%. The business had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.07 billion.

Here are the key takeaways from Enel Chile’s conference call:

  • Construction started on ~450 MW (~0.5 GW) of new BESS projects in northern Chile to boost portfolio flexibility and support the commercial strategy, with CODs expected in 3Q–4Q 2027.
  • Enel Generación Chile signed an LNG optimization agreement with Shell to valorize surplus gas volumes and better balance LNG and Argentine gas supply, supporting thermal operations and the battery ramp-up.
  • First-quarter results showed EBITDA up 16% to $423m and FFO up 12% to $122m, while net income fell 7% to $162m largely due to higher depreciation and lower interest capitalization; management says normalized quarterly EBITDA is ~CLP 360–370m after non‑recurring items.
  • An extraordinary meeting approved a CLP 360 billion capital increase at Enel Distribución to strengthen the distribution unit’s balance sheet and financial flexibility, to be covered by group-level resources.
  • Regulatory uncertainty persists: the VAD 2020–2024 settlement was postponed to July 2026 and VAD 2024–2028 tariff resettlement remains under review (final technical report expected mid‑2026), creating timing and cash‑flow risk for the distribution sector.

Enel Chile Price Performance

Shares of Enel Chile stock opened at $4.49 on Friday. Enel Chile has a 1-year low of $3.10 and a 1-year high of $4.63. The company’s fifty day simple moving average is $4.17 and its 200-day simple moving average is $4.08. The stock has a market capitalization of $6.21 billion, a PE ratio of 11.51 and a beta of 0.97.

Hedge Funds Weigh In On Enel Chile

Several institutional investors and hedge funds have recently added to or reduced their stakes in ENIC. TMB Capital Partners LLC purchased a new stake in shares of Enel Chile during the fourth quarter valued at about $49,000. XTX Topco Ltd bought a new position in shares of Enel Chile during the 4th quarter worth approximately $103,000. Wellington Management Group LLP lifted its position in Enel Chile by 48.4% during the fourth quarter. Wellington Management Group LLP now owns 2,042,904 shares of the utilities provider’s stock valued at $8,212,000 after acquiring an additional 666,544 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in Enel Chile in the fourth quarter valued at approximately $51,000. Finally, AQR Capital Management LLC increased its position in shares of Enel Chile by 7.5% during the fourth quarter. AQR Capital Management LLC now owns 404,541 shares of the utilities provider’s stock worth $1,626,000 after purchasing an additional 28,250 shares in the last quarter. Hedge funds and other institutional investors own 3.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Enel Chile in a report on Monday, April 20th. Santander cut Enel Chile to a “neutral” rating in a report on Wednesday, January 28th. Scotiabank upgraded Enel Chile to a “strong-buy” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen upgraded Enel Chile from a “hold” rating to a “buy” rating in a research report on Sunday, March 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $4.30.

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Enel Chile Company Profile

(Get Free Report)

Enel Chile SA, traded as ENIC on the NYSE, is one of Chile’s leading integrated electric utilities, with core businesses spanning electricity generation, transmission and distribution. The company serves a diverse customer base that includes residential, commercial and industrial users, striving to deliver reliable power across both urban and rural regions.

In its generation segment, Enel Chile operates a balanced portfolio of assets, including hydroelectric plants, thermal power stations and an expanding suite of renewable energy facilities such as wind and solar farms.

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