Investing.com - Terna reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.19 on revenue of €1.18B. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €592.57M.
Terna shares are up 7% from the beginning of the year and are trading at €6.400 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.63% from the start of the year.
Terna follows other major Utilities sector earnings this month
Terna's report follows an earnings matched by Italgas on Monday, who reported EPS of €0.1 on revenue of €319.85M, compared to forecasts EPS of €0.1 on revenue of €321.49M.
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