Investing.com - Enel (MI:ENEI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Enel announced earnings per share of €0.11 on revenue of €23.66B. Analysts polled by Investing.com anticipated EPS of €0.094 on revenue of €17.09B.
Enel shares are down 6% from the beginning of the year and are trading at €7.252 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.09% year to date.
Enel follows other major Utilities sector earnings this month
Enel's report follows an earnings beat by Eni SpA on Friday, October 29, 2021, who reported EPS of €0.4 on revenue of €19.02B, compared to forecasts EPS of €0.3108 on revenue of €16.62B.
Snam had beat expectations on Friday with third quarter EPS of €0.16 on revenue of €807.0M, compared to forecast for EPS of €0.09 on revenue of €785.67M.
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