Investing.com - Ecopetrol ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ecopetrol ADR announced earnings per share of 2297.32 on revenue of 31,761B. Analysts polled by Investing.com anticipated EPS of 2455.9 on revenue of 26,410.03B.
Ecopetrol ADR shares are up 28.55% from the beginning of the year, still down 3.33% from its 52 week high of 17.14 set on March 1. They are outperforming the EUR/USD which is down 0% from the start of the year.
Ecopetrol ADR follows other major Energy sector earnings this month
Ecopetrol ADR's report follows an earnings beat by Exxon Mobil on February 1, who reported EPS of 2.05 on revenue of 84.97B, compared to forecasts EPS of 1.94 on revenue of 85.01B.
Shell ADR had beat expectations on February 3 with fourth quarter EPS of 1.66 on revenue of 85.28B, compared to forecast for EPS of 1.33 on revenue of 66.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar