Investing.com - Pampa Energia ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pampa Energia ADR announced earnings per share of 1.79 on revenue of 412M. Analysts polled by Investing.com anticipated EPS of 1.23 on revenue of 389.8M.
Pampa Energia ADR shares are down 11% from the beginning of the year, still down 20.04% from its 52 week high of 25.86 set on April 18. They are outperforming the STOXX 600 which is down 13% from the start of the year.
Pampa Energia ADR shares lost 2.08% in after-hours trade following the report.
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 0.74 on revenue of 2.89B, compared to forecasts EPS of 0.7142 on revenue of 5.19B.
Duke Energy had missed expectations on Monday with first quarter EPS of 1.3 on revenue of 7.13B, compared to forecast for EPS of 1.34 on revenue of 5.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar