Red Electrica earnings, Revenue beat in Q4

Investing.com - Red Electrica reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Red Electrica announced earnings per share of €0.3791 on revenue of €519.9M. Analysts polled by Investing.com anticipated EPS of €0.31 on revenue of €518M.
Red Electrica shares are down 15% from the beginning of the year and are trading at €14.227 , down-from-52-week-high.They are under-performing the IBEX 35 which is up 2.73% year to date.
Red Electrica shares lost 2.85% in intra-day trade the report.
Red Electrica follows other major Utilities sector earnings this month
Red Electrica's report follows an earnings missed by Endesa on Wednesday, who reported EPS of €0.4771 on revenue of €8.02B, compared to forecasts EPS of €0.48 on revenue of €7.81B.
Naturgy Energy had beat expectations on Thursday, February 4, 2021 with fourth quarter EPS of €0.3409 on revenue of €7.29B, compared to forecast for EPS of €0.31 on revenue of €7.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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