Investing.com - Enel (MI:ENEI) Americas ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Enel Americas ADR announced earnings per share of $0.00 on revenue of $2.82B. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $2.76B.
Enel Americas ADR shares are down 36.52% from the beginning of the year, still down 37.82% from its 52 week high of $11.21 set on January 10. They are under-performing the EUR/USD which is down 0% from the start of the year.
Enel Americas ADR shares gained 5.13% in intra-day trade following the report.
Enel Americas ADR follows other major Utilities sector earnings this month
Enel Americas ADR's report follows an earnings beat by NextEra Energy on October 21, who reported EPS of $0.67 on revenue of $4.79B, compared to forecasts EPS of $0.65 on revenue of $5.44B.
Dominion Energy had beat expectations on Thursday with third quarter EPS of $1.08 on revenue of $3.61B, compared to forecast for EPS of $1 on revenue of $3.7B.
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