EDP Earnings beat, Revenue misses In Q3

EDP Earnings beat, Revenue misses In Q3

Investing.com  | Oct 30, 2020 14:22

EDP Earnings beat, Revenue misses In Q3

Investing.com - EDP reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

EDP announced earnings per share of €0.03 on revenue of €2.88B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €4.12B.

EDP shares are up 9% from the beginning of the year and are trading at €4.23 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 17.86% from the start of the year.

EDP follows other major Utilities sector earnings this month

EDP's report follows an earnings missed by EDP Renovaveis on Thursday, who reported EPS of €0.07 on revenue of €346.35M, compared to forecasts EPS of €0.16 on revenue of €399.65M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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