Investing.com - A2A reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
A2A announced earnings per share of €0.02 on revenue of €1.47B. Analysts polled by Investing.com anticipated EPS of €0.02 on revenue of €1.55B.
A2A shares are down 26.61% from the beginning of the year and are trading at €1.227 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.23% from the start of the year.
A2A follows other major Utilities sector earnings this month
A2A's report follows an earnings beat by Enel on Thursday, November 5, 2020, who reported EPS of €0.24 on revenue of €12.06B, compared to forecasts EPS of €0.11 on revenue of €17.78B.
ENI had beat expectations on Wednesday, October 28, 2020 with third quarter EPS of €-0.04 on revenue of €12.57B, compared to forecast for EPS of €-0.05 on revenue of €13.42B.
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