Investing.com - Enel (BIT:ENEI) reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Enel announced earnings per share of €0.0966 on revenue of €33.83B. Analysts polled by Investing.com anticipated EPS of €0.0966 on revenue of €12.87B.
Enel shares are down 31% from the beginning of the year, still down 40.46% from its 52 week high of €8.05 set on July 29, 2021. They are under-performing the STOXX 600 which is down 11.28% from the start of the year.
Enel follows other major Utilities sector earnings this month
Enel's report follows an earnings missed by Snam on Tuesday, who reported EPS of €0.0959 on revenue of €842M, compared to forecasts EPS of €0.0988 on revenue of €826M.
Italgas had missed expectations on Monday with second quarter EPS of €0.112 on revenue of €353M, compared to forecast for EPS of €0.116 on revenue of €354M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar