Investing.com - Edenor ADR reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Edenor ADR announced earnings per share of $-0.69 on revenue of $257.1M. Analysts polled by Investing.com anticipated EPS of $-0.64 on revenue of $265.92M.
Edenor ADR shares are down 32.43% from the beginning of the year, still down 57.74% from its 52 week high of $10.01 set on August 12, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Edenor ADR follows other major Utilities sector earnings this month
Edenor ADR's report follows an earnings beat by NextEra Energy on July 24, who reported EPS of $2.61 on revenue of $4.2B, compared to forecasts EPS of $2.5 on revenue of $5.17B.
Enbridge had beat expectations on July 29 with second quarter EPS of $0.42 on revenue of $5.92B, compared to forecast for EPS of $0.41 on revenue of $10.52B.
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