Investing.com - Enel (MI:ENEI) Americas ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Enel Americas ADR announced earnings per share of $0.10 on revenue of $3.43B. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $3.45B.
Enel Americas ADR shares are down 6.02% from the beginning of the year, still down 22.64% from its 52 week high of $8.88 set on April 8. They are under-performing the EUR/USD which is down 0% from the start of the year.
Enel Americas ADR follows other major Utilities sector earnings this month
Enel Americas ADR's report follows an earnings beat by Enterprise Products Partners LP on Wednesday, who reported EPS of $0.51 on revenue of $9.45B, compared to forecasts EPS of $0.5017 on revenue of $8.02B.
Kinder Morgan had beat expectations on July 21 with second quarter EPS of $0.23 on revenue of $3.15B, compared to forecast for EPS of $0.1918 on revenue of $2.91B.
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