In this commentary, I will examine Public Joint-Stock Company Moscow United Electric Grid Company’s (MISX:MSRS) latest earnings update (31 December 2019) and compare these figures against its performance over the past couple of years, as well as how the rest of the electric utilities industry performed. As an investor, I find it beneficial to assess MSRS’s trend over the short-to-medium term in order to gauge whether or not the company is able to meet its goals, and ultimately sustainably grow over time.
Could MSRS beat the long-term trend and outperform its industry?
MSRS’s trailing twelve-month earnings (from 31 December 2019) of ₽8.1b has jumped 23% compared to the previous year.
Furthermore, this one-year growth rate has exceeded its