Iberdrola Earnings inline, Revenue misses In Q3

  • Investing.com
Iberdrola Earnings inline, Revenue misses In Q3
Credit: © Reuters.

Investing.com - Iberdrola (MC: IBE ) reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Iberdrola announced earnings per share of €0.15 on revenue of €6.59B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €7.21B.

Iberdrola shares are up 19% from the beginning of the year and are trading at €10.790 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 15.07% from the start of the year.

Iberdrola follows other major Utilities sector earnings this month

Iberdrola's report follows an earnings matched by Enagas on Tuesday, who reported EPS of €0.43 on revenue of €282.68M, compared to forecasts EPS of €0.43 on revenue of €296.18M.

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

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