Investing.com - SSE (LON:SSE) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SSE announced earnings per share of £0.34 on revenue of £3.75B. Analysts polled by Investing.com anticipated EPS of £66.90 on revenue of £4,537M.
SSE shares are down 3% from the beginning of the year and are trading at £1,385.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.98% year to date.
SSE follows other major Utilities sector earnings this month
SSE's report follows an earnings missed by Severn Trent on Wednesday, May 20, 2020, who reported EPS of £0.05 on revenue of £933.5M, compared to forecasts EPS of £67.89 on revenue of £946.94M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar