EDN EDENOR

BULLISH Impact: 7/10 6-K
Horizon weeks Filed May 8, 2026 Processed 1mo ago SEC 0001292814-26-002901
Notable filing: 6-K
Latest settled — T+5d
EDN ▼ -2.29% at T+5d
LONG call ✗ call lost -2.29% · α vs SPY -2.20% · entry $24.47 → $23.91
Next anchor: T+20d due 7d ago
Last close $27.56 (close Jun 12) · +12.63% from $24.47 entry
Entry anchored
May 8, 2026
via day open
T+1d
-1.27%
call -1.27% · α -1.13%
$24.16
settled 5w ago
T+5d
-2.29%
call -2.29% · α -2.20%
$23.91
settled 4w ago
T+20d
call — · α —
due 7d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

EDENOR reported Q1 2026 results with revenue essentially flat at ARS 846.7 billion (vs ARS 846.7 billion in Q1 2025), but net income surged 147% to ARS 117.9 billion and EBITDA rose 127% to ARS 190.6 billion, driven by tariff normalization and cost management. Energy sales volumes declined 1.6% to 5,853 GWh.

Actionable Insight

The sharp improvement in profitability validates the 2025-2030 tariff review framework. Monitor upcoming monthly tariff adjustments (2.04% in April, 4.10% in May) and progress on the regulatory asset claim, which could provide further upside.

Key Facts

  • Revenue 1Q26: ARS 846,710 million (flat YoY)
  • Net income 1Q26: ARS 117,854 million (+147% YoY)
  • EBITDA 1Q26: ARS 190,579 million (+127% YoY)
  • Operating income 1Q26: ARS 134,364 million (+339% YoY)
  • EPS 1Q26: ARS 134.69 (vs ARS 54.42 YoY)
  • Energy sales volumes: 5,853 GWh (-1.6% YoY)
  • Post-quarter: Issued USD 550 million in Class 10 Senior Notes, reducing net debt by USD 200 million

Financial Impact

Revenue flat but net income and EBITDA more than doubled due to tariff adjustments and cost reductions

ebitdanet incomeoperating incomeeps

Risk Factors

  • Argentine macroeconomic volatility and high inflation
  • Regulatory changes or delays in tariff adjustments
  • Energy sales volume decline due to lower economic activity

Market Snapshot

Exchange
NYSE
Sector
Electric Services
Analyst Consensus
80% bullish (5 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001292814-26-002901
Document: 0001292814-26-002901-index-headers.html0001292814-26-002901
Document: 0001292814-26-002901-index.html0001292814-26-002901
Document: 0001292814-26-002901.txt0001292814-26-002901
7 reports for EDN
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+5▲ +6.38%May 14, 2026
Filters
Rows
Reports for EDN — sortable, filterable
Type Now
May 14, 2026
4w ago
6-K
BULLISH ★ 7/10
$23.50 $25.00▲ +6.38%▲ +7.10%$27.56 (+17.28%)
May 12, 2026
4w ago
6-K
BULLISH ★ 7/10
$24.16 $23.91▼ −1.03%▼ −1.11%$27.56 (+14.07%)
May 12, 2026
4w ago
6-K
NEUTRAL ★ 2/10
$24.16 $23.91▼ −1.03%▼ −1.11%$27.56 (+14.07%)
May 12, 2026
4w ago
6-K
BULLISH ★ 7/10
$24.16 $23.91▼ −1.03%▼ −1.11%$27.56 (+14.07%)
May 12, 2026
4w ago
6-K
NEUTRAL ★ 3/10
$24.16 $23.91▼ −1.03%▼ −1.11%$27.56 (+14.07%)
May 8, 2026
5w ago
6-K
BULLISH ★ 7/10
$24.47 $23.91▼ −2.29%▼ −2.20%$27.56 (+12.63%)
Apr 30, 2026
6w ago
6-K
NEUTRAL ★ 2/10
$25.05 $25.75▲ +2.79%▲ +1.07%$27.56 (+10.02%)
Showing 7 of 7

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