Investing.com - Sabesp ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sabesp ADR announced earnings per share of 0.1812 on revenue of 681.36M. Analysts polled by Investing.com anticipated EPS of 0.2389 on revenue of 746.35M.
Sabesp ADR shares are up 5.95% from the beginning of the year and are trading at 6.580 , 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 NextEra Energy on Friday, July 23, 2021, who reported EPS of 0.71 on revenue of 3.93B, compared to forecasts EPS of 0.6977 on revenue of 4.97B.
Duke Energy had beat expectations on Thursday, August 5, 2021 with second quarter EPS of 1.15 on revenue of 5.76B, compared to forecast for EPS of 1.1 on revenue of 5.85B.
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