Enel earnings, Revenue miss in Q1

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

Investing.com - Enel (MI: ENEI ) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Enel announced earnings per share of €0.12 on revenue of €17.71B. Analysts polled by Investing.com anticipated EPS of €0.13 on revenue of €18.79B.

Enel shares are down 0% from the beginning of the year and are trading at €8.271 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 11.39% year to date.

Enel follows other major Utilities sector earnings this month

Enel's report follows an earnings missed by Eni SpA on Friday, April 30, 2021, who reported EPS of €0.08 on revenue of €14.49B, compared to forecasts EPS of €0.1444 on revenue of €13.62B.

Italgas had matched expectations on Wednesday with first quarter EPS of €0.09 on revenue of €333.15M, compared to forecast for EPS of €0.09 on revenue of €333.52M.

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