Investing.com - Enel (MI:ENEI) Americas ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Enel Americas ADR announced earnings per share of $0.00 on revenue of $4.86B. Analysts polled by Investing.com anticipated EPS of $0.1495 on revenue of $3.49B.
Enel Americas ADR shares are up 38% from the beginning of the year, still down 32.88% from its 52 week high of $8.88 set on April 8. They are outperforming the PSI 20 which is up 16.19% 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 October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
Kinder Morgan had missed expectations on October 20 with third quarter EPS of $0.22 on revenue of $3.82B, compared to forecast for EPS of $0.237 on revenue of $3.26B.
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