Snam Earnings inline, Revenue beats In Q4

  • Investing.com
Snam Earnings inline, Revenue beats In Q4
Credit: © Reuters.

Investing.com - Snam reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.

Snam announced earnings per share of €0.06 on revenue of €691.26M. Analysts polled by Investing.com anticipated EPS of €0.06 on revenue of €661.26M.

Snam shares are down 2% from the beginning of the year and are trading at €4.476 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 6.65% from the start of the year.

Snam follows other major Utilities sector earnings this month

Snam's report follows an earnings beat by Eni SpA on Friday, February 19, 2021, who reported EPS of €0.02 on revenue of €11.63B, compared to forecasts EPS of €0.0143 on revenue of €13.77B.

Italgas had beat expectations on Wednesday, March 10, 2021 with first quarter EPS of €0.27 on revenue of €356M, compared to forecast for EPS of €0.11 on revenue of €355.9M.

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

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