Enel Earnings inline, Revenue beats In Q2

  • Investing.com
Enel Earnings inline, Revenue beats In Q2
Credit: © Reuters.

Investing.com - Enel (BIT: ENEI ) reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.

Enel announced earnings per share of €0.0966 on revenue of €33.83B. Analysts polled by Investing.com anticipated EPS of €0.0966 on revenue of €12.87B.

Enel shares are down 31% from the beginning of the year and are trading at €4.793 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.28% from the start of the year.

Enel follows other major Utilities sector earnings this month

Enel's report follows an earnings missed by Snam on Tuesday, who reported EPS of €0.0959 on revenue of €842M, compared to forecasts EPS of €0.0988 on revenue of €826M.

Italgas had missed expectations on Monday with second quarter EPS of €0.112 on revenue of €353M, compared to forecast for EPS of €0.116 on revenue of €354M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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