Investing.com - A2A reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
A2A announced earnings per share of €0.02 on revenue of €1.47B. Analysts polled by Investing.com anticipated EPS of €0.02 on revenue of €1.55B.
A2A shares are down 26.61% from the beginning of the year, still down 35.46% from its 52 week high of €1.90 set on February 19. They are under-performing the STOXX 600 which is down 7.23% from the start of the year.
A2A follows other major Utilities sector earnings this month
A2A's report follows an earnings beat by Enel on November 5, who reported EPS of €0.24 on revenue of €12.06B, compared to forecasts EPS of €0.11 on revenue of €17.78B.
ENI had beat expectations on October 28 with third quarter EPS of €-0.04 on revenue of €12.57B, compared to forecast for EPS of €-0.05 on revenue of €13.42B.
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