Investing.com - Central Puerto reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Central Puerto announced earnings per share of $0.0506 on revenue of $129.59M. Analysts polled by Investing.com anticipated EPS of $0.974 on revenue of $151.19M.
Central Puerto shares are up 22.36% from the beginning of the year, still down 12.61% from its 52 week high of $4.38 set on October 26, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Central Puerto follows other major Utilities sector earnings this month
Central Puerto's report follows an earnings missed by Duke Energy on February 10, who reported EPS of $0.94 on revenue of $6.24B, compared to forecasts EPS of $0.9615 on revenue of $6.53B.
Southern had beat expectations on February 17 with fourth quarter EPS of $0.36 on revenue of $5.77B, compared to forecast for EPS of $0.3536 on revenue of $4.62B.
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