Investing.com - Enagas reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Enagas announced earnings per share of €0.3359 on revenue of €261.35M. Analysts polled by Investing.com anticipated EPS of €0.3359 on revenue of €269.57M.
Enagas shares are down 10% from the beginning of the year, still down 12.75% from its 52 week high of €21.02 set on December 16, 2021. They are under-performing the IBEX 35 which is down 2.51% from the start of the year.
Enagas shares lost 0.33% in intra-day trade following the report.
Enagas follows other major Utilities sector earnings this month
Enagas's report follows an earnings beat by Naturgy Energy on February 4, who reported EPS of €0.4104 on revenue of €9.47B, compared to forecasts EPS of €0.38 on revenue of €3.04B.
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