Investing.com - ENI (MI:ENI) ADR reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ENI ADR announced earnings per share of €1.32 on revenue of €30.35B. Analysts polled by Investing.com anticipated EPS of €1.28 on revenue of €21.32B.
ENI ADR shares are up 9.95% from the beginning of the year, still down 2.18% from its 52 week high of €31.08 set on February 4. They are outperforming the EUR/USD which is down 0% from the start of the year.
ENI ADR follows other major Energy sector earnings this month
ENI ADR's report follows an earnings beat by Exxon Mobil on February 1, who reported EPS of €2.05 on revenue of €84.97B, compared to forecasts EPS of €1.94 on revenue of €85.01B.
Chevron had missed expectations on January 28 with fourth quarter EPS of €2.56 on revenue of €48.13B, compared to forecast for EPS of €3.13 on revenue of €45.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar