Investing.com - Ultrapar Participacoes reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Ultrapar Participacoes announced earnings per share of 0.05 on revenue of 4.09B. Analysts polled by Investing.com anticipated EPS of 0.05 on revenue of 3.99B.
Ultrapar Participacoes shares are down 46.81% from the beginning of the year, still down 50.15% from its 52 week high of 6.68 set on January 24. They are under-performing the EUR/USD which is down 0% from the start of the year.
Ultrapar Participacoes follows other major Energy sector earnings this month
Ultrapar Participacoes's report follows an earnings beat by Exxon Mobil on October 30, who reported EPS of -0.18 on revenue of 46.2B, compared to forecasts EPS of -0.26 on revenue of 45.37B.
Chevron had beat expectations on October 30 with third quarter EPS of 0.11 on revenue of 24.45B, compared to forecast for EPS of -0.26 on revenue of 25.84B.
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