Investing.com - Centrais Eletricas Brasileiras ADR reported on Friday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Centrais Eletricas Brasileiras ADR announced earnings per share of $0.2415 on revenue of $1.33B. Analysts polled by Investing.com anticipated EPS of $0.2415 on revenue of $1.26B.
Centrais Eletricas Brasileiras ADR shares are down 17.6% from the beginning of the year, still down 27.01% from its 52 week high of $7.96 set on July 30, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Centrais Eletricas Brasileiras ADR follows other major sector earnings this month
Centrais Eletricas Brasileiras ADR's report follows an earnings beat by HSBC Holdings PLC ADR on February 23, who reported EPS of $0.09 on revenue of $11.82B, compared to forecasts EPS of $0.042 on revenue of $11.38B.
Iberdrola SA had matched expectations on February 24 with fourth quarter EPS of $1.58 on revenue of $10.88B, compared to forecast for EPS of $1.58 on revenue of $12.08B.
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