Investing.com - YPF Sociedad Anonima (NYSE:YPF) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
YPF Sociedad Anonima announced earnings per share of 0.8395 on revenue of 4B. Analysts polled by Investing.com anticipated EPS of 0.7061 on revenue of 4.07B.
YPF Sociedad Anonima shares are up 84% from the beginning of the year, still down 33.28% from its 52 week high of 5.86 set on September 13, 2021. They are outperforming the IDX Composite which is up 8.8% from the start of the year.
YPF Sociedad Anonima follows other major Energy sector earnings this month
YPF Sociedad Anonima's report follows an earnings beat by Exxon Mobil on July 29, who reported EPS of 4.14 on revenue of 115.68B, compared to forecasts EPS of 3.84 on revenue of 111.3B.
Chevron had beat expectations on July 29 with second quarter EPS of 5.82 on revenue of 68.76B, compared to forecast for EPS of 5.08 on revenue of 58.66B.
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