Investing.com - Ultrapar Participacoes reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ultrapar Participacoes announced earnings per share of 0.39 on revenue of 23.22B. Analysts polled by Investing.com anticipated EPS of 0.0537 on revenue of 4.24B.
Ultrapar Participacoes shares are down 11.92% from the beginning of the year, still down 15.82% from its 52 week high of 4.74 set on December 17, 2020. 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 February 2, who reported EPS of 0.03 on revenue of 46.54B, compared to forecasts EPS of 0.0078 on revenue of 46.55B.
Chevron had missed expectations on January 29 with fourth quarter EPS of -0.01 on revenue of 25.25B, compared to forecast for EPS of 0.0918 on revenue of 25.82B.
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