Investing.com - Pampa Energia ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Pampa Energia ADR announced earnings per share of 0.05 on revenue of 455.52M. Analysts polled by Investing.com anticipated EPS of -0.34 on revenue of 493.34M.
Pampa Energia ADR shares are down 32.93% from the beginning of the year, still down 48.02% from its 52 week high of 21.20 set on August 12, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Pampa Energia ADR follows other major Utilities sector earnings this month
Pampa Energia ADR's report follows an earnings beat by NextEra Energy on July 24, who reported EPS of 2.61 on revenue of 4.2B, compared to forecasts EPS of 2.5 on revenue of 5.17B.
Enbridge had beat expectations on July 29 with second quarter EPS of 0.42 on revenue of 5.92B, compared to forecast for EPS of 0.41 on revenue of 10.52B.
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