Investing.com - Ultrapar Participacoes reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ultrapar Participacoes announced earnings per share of $0.022 on revenue of $6.73B. Analysts polled by Investing.com anticipated EPS of $0.039 on revenue of $6.55B.
Ultrapar Participacoes shares are down 16.92% from the beginning of the year, still down 19.63% from its 52 week high of $3.21 set on April 18.
Ultrapar Participacoes follows other major Energy sector earnings this month
Ultrapar Participacoes's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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