Investing.com - Kepco ADR reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kepco ADR announced earnings per share of 0.3995 on revenue of 13.28B. Analysts polled by Investing.com anticipated EPS of 0.2142 on revenue of 13.21B.
Kepco ADR shares are down 12.47% from the beginning of the year, still down 17.26% from its 52 week high of 12.98 set on December 18, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Kepco ADR follows other major Utilities sector earnings this month
Kepco ADR's report follows an earnings beat by NextEra Energy on January 26, who reported EPS of 0.4 on revenue of 4.4B, compared to forecasts EPS of 0.3818 on revenue of 5.56B.
Enbridge had missed expectations on February 12 with fourth quarter EPS of 0.4407 on revenue of 7.41B, compared to forecast for EPS of 0.4644 on revenue of 9.63B.
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