Investing.com - COPEL Pref ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
COPEL Pref ADR announced earnings per share of $0.232 on revenue of $926.04M. Analysts polled by Investing.com anticipated EPS of $0.216 on revenue of $878.34M.
COPEL Pref ADR shares are up 25.4% from the beginning of the year, still down 14.32% from its 52 week high of $8.24 set on November 4.
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 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on November 4 with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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