CEMIG Pref ADR earnings, Revenue beat in Q1

  • Investing.com
CEMIG Pref ADR earnings, Revenue beat in Q1

Investing.com - CEMIG Pref ADR reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

CEMIG Pref ADR announced earnings per share of 0.0817 on revenue of 1.69B. Analysts polled by Investing.com anticipated EPS of 0.0691 on revenue of 1.65B.

CEMIG Pref ADR shares are up 0.28% from the beginning of the year and are trading at 2.650 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% year to date.

CEMIG Pref ADR follows other major Utilities sector earnings this month

CEMIG Pref ADR's report follows an earnings beat by NextEra Energy on Thursday, April 21, 2022, who reported EPS of 0.74 on revenue of 2.89B, compared to forecasts EPS of 0.7142 on revenue of 5.19B.

Duke Energy had missed expectations on Monday with first quarter EPS of 1.3 on revenue of 7.13B, compared to forecast for EPS of 1.33 on revenue of 6.37B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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