Investing.com - Central Puerto reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Central Puerto announced earnings per share of $0.2103 on revenue of $130.67M. Analysts polled by Investing.com anticipated EPS of $0.8074 on revenue of $157.53M.
Central Puerto shares are up 63% from the beginning of the year and are trading at $3.930 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 20.78% from the start of the year.
Central Puerto follows other major Utilities sector earnings this month
Central Puerto's report follows an earnings beat by Duke Energy on November 4, who reported EPS of $1.88 on revenue of $6.95B, compared to forecasts EPS of $1.8 on revenue of $7.26B.
Iberdrola SA had missed expectations on October 27 with third quarter EPS of $0.6445 on revenue of $10.72B, compared to forecast for EPS of $0.6494 on revenue of $9.04B.
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