Investing.com - Centrais Electricas Brasileiras reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Centrais Electricas Brasileiras announced earnings per share of $0.3774 on revenue of $1.46B. Analysts polled by Investing.com anticipated EPS of $0.3693 on revenue of $1.47B.
Centrais Electricas Brasileiras shares are down 9.73% from the beginning of the year and are trading at $6.310 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Centrais Electricas Brasileiras follows other major Utilities sector earnings this month
Centrais Electricas Brasileiras's report follows an earnings missed by Enel Americas ADR on Wednesday, October 27, 2021, who reported EPS of $0.00 on revenue of $4.86B, compared to forecasts EPS of $0.1486 on revenue of $3.45B.
NextEra Energy had beat expectations on Wednesday, October 20, 2021 with third quarter EPS of $0.75 on revenue of $4.37B, compared to forecast for EPS of $0.716 on revenue of $5.44B.
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