Investing.com - Centrais Electricas Brasileiras reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Centrais Electricas Brasileiras announced earnings per share of $0.26 on revenue of $1.24B. Analysts polled by Investing.com anticipated EPS of $0.26 on revenue of $1.24B.
Centrais Electricas Brasileiras shares are down 34.33% from the beginning of the year, still down 39.41% from its 52 week high of $10.10 set on January 22. They are under-performing the EUR/USD which is down 0% from the start of the year.
Centrais Electricas Brasileiras follows other major sector earnings this month
Centrais Electricas Brasileiras's report follows an earnings beat by Tencent ADR on Thursday, who reported EPS of $3.31 on revenue of $125.4B, compared to forecasts EPS of $0.47 on revenue of $18.26B.
Industrial Commercial Bank of China had beat expectations on October 30 with third quarter EPS of $0.66 on revenue of $29.54B, compared to forecast for EPS of $0.49 on revenue of $28.59B.
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