Centrais Eletricas Brasileiras SA - Eletrobrás (EBR) Stock

Centrais Eletricas Brasileiras S.A.- Eletrobrás (NYSE:EBR ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Ivan Monteiro - Chief Executive Officer Eduardo Haiama - VP of Finance and Investor Relations Antonio de Godoy - VP of Operations and Security Elio Wolff - Vice President Rodrigo Nascimento - EVP of Regulation, Institutional and Market Regulation & Corporate Relations Renato Carreira - EVP of People, Management, and Culture Italo Freitas - Executive of VP of Commercialization Conference Call Participants Maria Carneiro - Safra Bruno Amorim - Goldman Sachs Marcelo Sa - Itau Gilmar Lima - Santander Operator Good morning, ladies and gentlemen.

Although Eletrobrás has seen a reduction in its profit margin and higher costs, the company continues to reduce expenses and carry out strategic divestments. These divestments should improve the company's capital structure, which, combined with its attractive valuation, seems like a good opportunity to me. I believe the possibility of government intervention in the company is very small, and for me, this is the main risk to the thesis.

Investors interested in Utility - Electric Power stocks are likely familiar with Eletrobras (EBR) and WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR ) Q3 2023 Earnings Conference Call November 8, 2023 11:30 AM ET Company Participants Ivan de Souza Monteiro - Independent President, CEO & Director Eduardo Haiama - EVP, Finance & IR Italo Freitas - EVP, Expansion Engineering Conference Call Participants Daniel Travitzky - Safra Gilmar de Lima - Santander Henrique Peretti - JPMorgan Chase & Co. Marcelo Sá - Itaú BBA João Pimentel - BTG Operator Ladies and gentlemen, thank you for waiting.