Investing.com - COPEL Pref ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
COPEL Pref ADR announced earnings per share of 0.0396 on revenue of 680.98M. Analysts polled by Investing.com anticipated EPS of 0.0408 on revenue of 758.21M.
COPEL Pref ADR shares are down 2% from the beginning of the year, still down 12.41% from its 52 week high of 14.67 set on December 24, 2020. They are under-performing the STOXX 600 which is up 6.65% 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 Southern on February 18, who reported EPS of 0.47 on revenue of 5.12B, compared to forecasts EPS of 0.4159 on revenue of 5.79B.
ENI ADR had beat expectations on February 19 with fourth quarter EPS of 0.0485 on revenue of 14.1B, compared to forecast for EPS of 0.0347 on revenue of 16.7B.
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