Investing.com - Enagas reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Enagas announced earnings per share of €0.3432 on revenue of €262.96M. Analysts polled by Investing.com anticipated EPS of €0.44 on revenue of €262.96M.
Enagas shares are down 1% from the beginning of the year, still down 30.83% from its 52 week high of €25.66 set on February 24, 2020. They are under-performing the IBEX 35 which is up 2.21% from the start of the year.
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 €0.3409 on revenue of €7.29B, compared to forecasts EPS of €0.31 on revenue of €7.29B.
Acciona had beat expectations on Thursday with fourth quarter EPS of €5.51 on revenue of €1.92B, compared to forecast for EPS of €3.31 on revenue of €1.64B.
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