Investing.com - COPEL Pref ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
COPEL Pref ADR announced earnings per share of 0.906 on revenue of 841.5M. Analysts polled by Investing.com anticipated EPS of 0.6616 on revenue of 841.85M.
COPEL Pref ADR shares are down 53% from the beginning of the year, still down 24.42% from its 52 week high of 7.33 set on December 28, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
COPEL Pref ADR follows other major Utilities sector earnings this month
COPEL Pref ADR's report follows an earnings beat by NextEra Energy on October 20, who reported EPS of 0.75 on revenue of 4.37B, compared to forecasts EPS of 0.716 on revenue of 5.44B.
Enbridge had beat expectations on November 5 with third quarter EPS of 0.59 on revenue of 9.62B, compared to forecast for EPS of 0.5705 on revenue of 9.62B.
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