Enel earnings miss, Revenue beats in Q1

  • Investing.com
Enel earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Enel (BIT: ENEI ) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Enel announced earnings per share of €0.129 on revenue of €34.96B. Analysts polled by Investing.com anticipated EPS of €0.13 on revenue of €18.3B.

Enel shares are down 13% from the beginning of the year and are trading at €6.109 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is down 12.2% year to date.

Enel follows other major Utilities sector earnings this month

Enel's report follows an earnings missed by Italgas on Monday, who reported EPS of €0.104 on revenue of €354M, compared to forecasts EPS of €0.108 on revenue of €341.69M.

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

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