Investing.com - Enel (MI:ENEI) Americas ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Enel Americas ADR announced earnings per share of $0.00 on revenue of $2.48B. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $2.7B.
Enel Americas ADR shares are down 31.15% from the beginning of the year , still down 32.56% from its 52 week high of $11.21 set on January 10. 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 Friday, who reported EPS of $2.61 on revenue of $4.2B, compared to forecasts EPS of $2.5 on revenue of $5.17B.
Kinder Morgan had matched expectations on July 22 with second quarter EPS of $0.17 on revenue of $2.56B, compared to forecast for EPS of $0.17 on revenue of $2.9B.
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