Investing.com - A2A reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
A2A announced earnings per share of €0.01 on revenue of €1.47B. Analysts polled by Investing.com anticipated EPS of €0.02 on revenue of €1.32B.
A2A shares are down 26.91% from the beginning of the year , still down 35.72% from its 52 week high of €1.90 set on February 19. They are under-performing the STOXX 600 which is down 13.55% 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 Wednesday, who reported EPS of €0.11 on revenue of €13.39B, compared to forecasts EPS of €0.1 on revenue of €17.82B.
Snam had matched expectations on Friday with second quarter EPS of €0.09 on revenue of €1.35B, compared to forecast for EPS of €0.09 on revenue of €670.15M.
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