EDP Earnings, Revenue beat In Q2
Investing.com - EDP reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
EDP announced earnings per share of €0.0737 on revenue of €4.39B. Analysts polled by Investing.com anticipated EPS of €0.0664 on revenue of €2.8B.
EDP shares are up 2% from the beginning of the year and are trading at €4.94 , down-from-52-week-high.They are under-performing the PSI which is up 9.94% from the start of the year.
EDP follows other major Utilities sector earnings this month
EDP's report follows an earnings missed by EDP Renovaveis on Wednesday, who reported EPS of €0.1309 on revenue of €668M, compared to forecasts EPS of €0.1456 on revenue of €498.23M.
REN had matched expectations on Thursday with second quarter EPS of €0.05 on revenue of €188M, compared to forecast for EPS of €0.05 on revenue of €188M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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