Investing.com - Pampa Energia ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pampa Energia ADR announced earnings per share of 0.58 on revenue of 321M. Analysts polled by Investing.com anticipated EPS of 0.1677 on revenue of 260.02M.
Pampa Energia ADR shares are up 1.89% from the beginning of the year, still down 7.45% from its 52 week high of 15.17 set on March 31. They are outperforming 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 April 21, who reported EPS of 0.67 on revenue of 3.73B, compared to forecasts EPS of 0.6097 on revenue of 4.87B.
Enbridge had beat expectations on Friday with first quarter EPS of 0.81 on revenue of 12.19B, compared to forecast for EPS of 0.5718 on revenue of 10.31B.
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