Investing.com - Sabesp ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sabesp ADR announced earnings per share of 0.1936 on revenue of 774.95M. Analysts polled by Investing.com anticipated EPS of 0.1912 on revenue of 741.68M.
Sabesp ADR shares are up 29.29% from the beginning of the year and are trading at 9.490 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Sabesp ADR follows other major Utilities sector earnings this month
Sabesp ADR's report follows an earnings beat by Sempra Energy on Friday, February 25, 2022, who reported EPS of 2.16 on revenue of 3.84B, compared to forecasts EPS of 2 on revenue of 3.55B.
American Electric Power had beat expectations on Thursday, February 24, 2022 with fourth quarter EPS of 0.98 on revenue of 4.1B, compared to forecast for EPS of 0.9341 on revenue of 3.73B.
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