Enel Earnings, Revenue beat In Q3

  • Investing.com
Enel Earnings, Revenue beat In Q3
Credit: © Reuters.

Investing.com - Enel (MI: ENEI ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Enel announced earnings per share of €0.11 on revenue of €23.66B. Analysts polled by Investing.com anticipated EPS of €0.094 on revenue of €17.09B.

Enel shares are down 6% from the beginning of the year and are trading at €7.252 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.09% from the start of the year.

Enel follows other major Utilities sector earnings this month

Enel's report follows an earnings beat by Eni SpA on Friday, October 29, 2021, who reported EPS of €0.4 on revenue of €19.02B, compared to forecasts EPS of €0.3108 on revenue of €16.62B.

Snam had beat expectations on Friday with third quarter EPS of €0.16 on revenue of €807.0M, compared to forecast for EPS of €0.09 on revenue of €785.67M.

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