Investing.com - SSE (LON:SSE) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SSE announced earnings per share of £1.38 on revenue of £5.06B. Analysts polled by Investing.com anticipated EPS of £73.45 on revenue of £5,857M.
SSE shares are down 40% from the beginning of the year and are trading at £1,867.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.97% from the start of the year.
SSE follows other major Utilities sector earnings this month
SSE's report follows an earnings missed by Severn Trent on Wednesday, who reported EPS of £0.37 on revenue of £985.1M, compared to forecasts EPS of £52.01 on revenue of £975.36M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar