Investing.com - Enagas reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Enagas announced earnings per share of €0.4059 on revenue of €246M. Analysts polled by Investing.com anticipated EPS of €0.4068 on revenue of €240.18M.
Enagas shares are up 5% from the beginning of the year and are trading at €18.988 , down-from-52-week-high.They are under-performing the IBEX 35 which is up 7.47% from the start of the year.
Enagas shares gained 1.03% in intra-day trade after the report.
Enagas follows other major Utilities sector earnings this month
Enagas's report follows an earnings beat by Iberdrola on Wednesday, July 21, 2021, who reported EPS of €0.08 on revenue of €8.66B, compared to forecasts EPS of €0.0797 on revenue of €8.15B.
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