Investing.com - Ultrapar Participacoes reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ultrapar Participacoes announced earnings per share of 0.0395 on revenue of 6.64B. Analysts polled by Investing.com anticipated EPS of 0.0414 on revenue of 6.82B.
Ultrapar Participacoes shares are up 11.72% from the beginning of the year, still down 45.39% from its 52 week high of 4.34 set on June 7, 2021. They are outperforming 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 missed by Exxon Mobil on April 29, who reported EPS of 2.07 on revenue of 90.5B, compared to forecasts EPS of 2.23 on revenue of 82.84B.
Chevron had missed expectations on April 29 with first quarter EPS of 3.36 on revenue of 54.37B, compared to forecast for EPS of 3.4 on revenue of 51.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar