Investing.com - COPEL Pref ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
COPEL Pref ADR announced earnings per share of 0.33 on revenue of 5.42B. Analysts polled by Investing.com anticipated EPS of 0.6348 on revenue of 848.03M.
COPEL Pref ADR shares are down 13.57% from the beginning of the year, still down 15.69% 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 July 23, who reported EPS of 0.71 on revenue of 3.93B, compared to forecasts EPS of 0.6977 on revenue of 4.97B.
Duke Energy had beat expectations on August 5 with second quarter EPS of 1.15 on revenue of 5.76B, compared to forecast for EPS of 1.1 on revenue of 5.85B.
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