Investing.com - Enel (BIT:ENEI) Americas ADR reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Enel Americas ADR announced earnings per share of $0.01 on revenue of $16.19B. Analysts polled by Investing.com anticipated EPS of $0.11 on revenue of $4.15B.
Enel Americas ADR shares are down 2.21% from the beginning of the year, still down 30.37% from its 52 week high of $7.64 set on May 7, 2021. 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 NextEra Energy on April 21, who reported EPS of $0.74 on revenue of $2.89B, compared to forecasts EPS of $0.7142 on revenue of $5.19B.
Southern had beat expectations on Thursday with first quarter EPS of $0.97 on revenue of $6.65B, compared to forecast for EPS of $0.9069 on revenue of $6B.
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