REN Earnings inline, Revenue beats In Q2
Investing.com - REN reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
REN announced earnings per share of €0.05 on revenue of €368.8M. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €185.68M.
REN shares are up 55% from the beginning of the year and are trading at €2.355 , down-from-52-week-high.They are outperforming the CAC 40 which is up 19.5% from the start of the year.
REN follows other major Utilities sector earnings this month
REN's report follows an earnings missed by EDP Renovaveis on Wednesday, who reported EPS of €0.11 on revenue of €408M, compared to forecasts EPS of €0.1363 on revenue of €409.78M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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