Investing.com - Central Puerto reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Central Puerto announced earnings per share of $0.14 on revenue of $136.53M. Analysts polled by Investing.com anticipated EPS of $0.15 on revenue of $175.6M.
Central Puerto shares are down 49.38% from the beginning of the year, still down 55.27% from its 52 week high of $5.50 set on December 26, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Central Puerto follows other major sector earnings this month
Central Puerto'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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