Investing.com - CPFL Energia ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CPFL Energia ADR announced earnings per share of $0.18 on revenue of $1.22B. Analysts polled by Investing.com anticipated EPS of $0.2 on revenue of $1.26B.
CPFL Energia ADR shares are up 0.7% from the beginning of the year, still down 5.34% from its 52 week high of $18.34 set on January 23. They are outperforming the EUR/USD which is down 0% from the start of the year.
CPFL Energia ADR follows other major Utilities sector earnings this month
CPFL Energia ADR's report follows an earnings beat by NextEra Energy on July 24, who reported EPS of $2.61 on revenue of $4.2B, compared to forecasts EPS of $2.5 on revenue of $5.17B.
Dominion Energy had beat expectations on July 31 with second quarter EPS of $0.82 on revenue of $3.59B, compared to forecast for EPS of $0.79 on revenue of $3.98B.
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