Investing.com - ENI (MI:ENI) ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ENI ADR announced earnings per share of €-0.09 on revenue of €18.04B. Analysts polled by Investing.com anticipated EPS of €-0.1 on revenue of €15.92B.
ENI ADR shares are down 60.16% from the beginning of the year and are trading at €13.66 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
ENI ADR follows other major Utilities sector earnings this month
ENI ADR's report follows an earnings beat by NextEra Energy on October 21, who reported EPS of €2.66 on revenue of €4.79B, compared to forecasts EPS of €2.59 on revenue of €5.44B.
Southern had beat expectations on Thursday with third quarter EPS of €1.22 on revenue of €5.62B, compared to forecast for EPS of €1.21 on revenue of €6.36B.
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