Investing.com - EDP reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
EDP announced earnings per share of €-0.0192 on revenue of €5.5B. Analysts polled by Investing.com anticipated EPS of €0.0128 on revenue of €2,284M.
EDP shares are down 11% from the beginning of the year, still down 14.68% from its 52 week high of €5.03 set on November 2, 2021. They are under-performing the STOXX 600 which is down 10.16% from the start of the year.
EDP follows other major Utilities sector earnings this month
EDP's report follows an earnings beat by EDP Renovaveis on Wednesday, who reported EPS of €0.07 on revenue of €569M, compared to forecasts EPS of €0.057 on revenue of €447.39M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar