Investing.com - COPEL Pref ADR reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
COPEL Pref ADR announced earnings per share of 0.167 on revenue of 1.01B. Analysts polled by Investing.com anticipated EPS of 0.167 on revenue of 952.11M.
COPEL Pref ADR shares are up 35.7% from the beginning of the year, still down 0.91% from its 52 week high of 7.71 set on March 22. They are outperforming 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 missed by Iberdrola SA on February 23, who reported EPS of 0.8184 on revenue of 12.59B, compared to forecasts EPS of 0.9513 on revenue of 12.04B.
Sempra Energy had beat expectations on February 25 with fourth quarter EPS of 2.16 on revenue of 3.84B, compared to forecast for EPS of 2 on revenue of 3.55B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar