RWE AG ST Earnings, Revenue beat In Q2

Investing.com - RWE AG ST (DE: RWEG ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
RWE AG ST announced earnings per share of €0.8 on revenue of €3.79B. Analysts polled by Investing.com anticipated EPS of €0.2238 on revenue of €2.41B.
RWE AG ST shares are up 20.26% from the beginning of the year and are trading at €31.150 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 18.93% from the start of the year.
RWE AG ST shares lost 0.76% in intra-day trade the report.
RWE AG ST follows other major Utilities sector earnings this month
RWE AG ST's report follows an earnings beat by E.ON SE on Wednesday, who reported EPS of €0.67 on revenue of €14.64B, compared to forecasts EPS of €0.1 on revenue of €13.92B.
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