Investing.com - Central Puerto reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Central Puerto announced earnings per share of $0.2562 on revenue of $117.42M. Analysts polled by Investing.com anticipated EPS of $0.5145 on revenue of $140.34M.
Central Puerto shares are down 25.49% from the beginning of the year, still down 37.13% from its 52 week high of $3.21 set on May 26, 2020. They are under-performing the S&P/TSX which is up 10.1% from the start of the year.
Central Puerto follows other major sector earnings this month
Central Puerto's report follows an earnings beat by Industrial Commercial Bank of China on April 29, who reported EPS of $0.7417 on revenue of $33.09B, compared to forecasts EPS of $0.6343 on revenue of $34.72B.
L’Oreal ADR had matched expectations on April 15 with first quarter EPS of $1.03 on revenue of $9.12B, compared to forecast for EPS of $1.03 on revenue of $9.23B.
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