Iberdrola Earnings beat, Revenue Inline In Q2

  • Investing.com
Iberdrola Earnings beat, Revenue Inline In Q2

Investing.com - Iberdrola (BME: IBE ) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.

Iberdrola announced earnings per share of €0.1134 on revenue of €8.95B. Analysts polled by Investing.com anticipated EPS of €0.0993 on revenue of €8.95B.

Iberdrola shares are down 0% from the beginning of the year and are trading at €10.307 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 6.72% from the start of the year.

Iberdrola shares gained 2.30% in intra-day trade the report.

Iberdrola follows other major Utilities sector earnings this month

Iberdrola's report follows an earnings missed by Enagas on Wednesday, who reported EPS of €0.43 on revenue of €241.5M, compared to forecasts EPS of €0.4409 on revenue of €227.37M.

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

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