Investing.com - Eni SpA reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Eni SpA announced earnings per share of €0.25 on revenue of €16.29B. Analysts polled by Investing.com anticipated EPS of €0.1411 on revenue of €13.88B.
Eni SpA shares are up 27% from the beginning of the year, still down 7.48% from its 52 week high of €10.83 set on June 16. They are outperforming the STOXX 600 which is up 15.72% from the start of the year.
Eni SpA follows other major Energy sector earnings this month
Eni SpA's report follows an earnings missed by Saipem Pref on Friday, who reported EPS of €-0.54 on revenue of €3.20B, compared to forecasts EPS of €-0.1129 on revenue of €1.61B.
Saipem had missed expectations on Friday with second quarter EPS of €-0.54 on revenue of €3.20B, compared to forecast for EPS of €-0.1129 on revenue of €1.61B.
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