Investing.com - Korea Electric Power reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Korea Electric Power announced earnings per share of ₩0.11 on revenue of ₩11.05B. Analysts polled by Investing.com anticipated EPS of ₩-0.38 on revenue of ₩10.61B.
Korea Electric Power shares are down 23.58% from the beginning of the year and are trading at ₩9.04 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Korea Electric Power follows other major Utilities sector earnings this month
Korea Electric Power's report follows an earnings beat by NextEra Energy on Friday, July 24, 2020, who reported EPS of ₩2.61 on revenue of ₩4.2B, compared to forecasts EPS of ₩2.5 on revenue of ₩5.17B.
Enbridge had beat expectations on Wednesday, July 29, 2020 with second quarter EPS of ₩0.42 on revenue of ₩5.92B, compared to forecast for EPS of ₩0.41 on revenue of ₩10.52B.
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