Investing.com - Centrais Electricas Brasileiras reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Centrais Electricas Brasileiras announced earnings per share of $0.2612 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $0.3229 on revenue of $1.5B.
Centrais Electricas Brasileiras shares are up 13.46% from the beginning of the year and are trading at $6.910 , down-from-52-week-high.They are outperforming 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 Duke Energy on Thursday, February 10, 2022, who reported EPS of $0.94 on revenue of $6.24B, compared to forecasts EPS of $0.9615 on revenue of $6.53B.
Southern had beat expectations on Thursday, February 17, 2022 with fourth quarter EPS of $0.36 on revenue of $5.77B, compared to forecast for EPS of $0.3536 on revenue of $4.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar