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Naturgy Energy Earnings, Revenue Miss in Q2

Published 07/28/2021, 10:47 AM

Investing.com - Naturgy Energy reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Naturgy Energy announced earnings per share of €0.2495 on revenue of €3.58B. Analysts polled by Investing.com anticipated EPS of €0.2727 on revenue of €3.82B.

Naturgy Energy shares are up 17% from the beginning of the year, still down 1.70% from its 52 week high of €22.71 set on January 26. They are outperforming the IBEX 35 which is up 8.22% from the start of the year.

Naturgy Energy shares lost 1.17% in intra-day trade following the report.

Naturgy Energy follows other major Utilities sector earnings this month

Naturgy Energy's report follows an earnings beat by Iberdrola on July 21, who reported EPS of €0.08 on revenue of €8.66B, compared to forecasts EPS of €0.0797 on revenue of €8.15B.

Endesa had missed expectations on Tuesday with second quarter EPS of €0.32 on revenue of €5.28B, compared to forecast for EPS of €0.3708 on revenue of €3.79B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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