Investing.com - Naturgy Energy reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Naturgy Energy announced earnings per share of €0.32 on revenue of €4.29B. Analysts polled by Investing.com anticipated EPS of €0.2741 on revenue of €4.16B.
Naturgy Energy shares are up 2% from the beginning of the year, still down 7.40% from its 52 week high of €24.87 set on October 14. They are under-performing the Euro Stoxx 50 which is up 22.41% from the start of the year.
Naturgy Energy follows other major Utilities sector earnings this month
Naturgy Energy's report follows an earnings missed by Iberdrola on October 27, who reported EPS of €0.1385 on revenue of €9.25B, compared to forecasts EPS of €0.14 on revenue of €7.7B.
Endesa had beat expectations on November 4 with third quarter EPS of €1.05 on revenue of €7.43B, compared to forecast for EPS of €0.4431 on revenue of €5.79B.
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