Investing.com - Eni SpA reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Eni SpA announced earnings per share of €1.07 on revenue of €31.81B. Analysts polled by Investing.com anticipated EPS of €0.9634 on revenue of €24.89B.
Eni SpA shares are down 4% from the beginning of the year, still down 21.12% from its 52 week high of €14.85 set on March 3. They are outperforming the Euro Stoxx 50 which is down 13.73% from the start of the year.
Eni SpA follows other major Energy sector earnings this month
Eni SpA's report follows an earnings beat by Saipem Pref on Wednesday, who reported EPS of €-0.0247 on revenue of €2.49B, compared to forecasts EPS of €-0.0338 on revenue of €2.23B.
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