Investing.com - Sabesp ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sabesp ADR announced earnings per share of $0.167 on revenue of $837.19M. Analysts polled by Investing.com anticipated EPS of $0.133 on revenue of $887.72M.
Sabesp ADR shares are up 39.37% from the beginning of the year and are trading at $10.630 , down-from-52-week-high.
Sabesp ADR follows other major Utilities sector earnings this month
Sabesp ADR's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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