Investing.com - Naturgy Energy reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Naturgy Energy announced earnings per share of €0.21 on revenue of €4.01B. Analysts polled by Investing.com anticipated EPS of €0.26 on revenue of €4.89B.
Naturgy Energy shares are down 27% from the beginning of the year, still down 34.61% from its 52 week high of €24.98 set on October 31, 2019. They are under-performing the STOXX 600 which is down 17.71% 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 21, who reported EPS of €0.12 on revenue of €7.78B, compared to forecasts EPS of €0.14 on revenue of €6.59B.
Red Electrica had matched expectations on Wednesday with third quarter EPS of €0.3 on revenue of €487.96M, compared to forecast for EPS of €0.3 on revenue of €473.6M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar