Investing.com - Galp Energia reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Galp Energia announced earnings per share of €0.16 on revenue of €4.78B. Analysts polled by Investing.com anticipated EPS of €0.1881 on revenue of €5.26B.
Galp Energia shares are up 12% from the beginning of the year, still down 13.18% from its 52 week high of €11.00 set on March 15, 2021. They are outperforming the PSI 20 which is down 1.78% from the start of the year.
Galp Energia shares lost 4.54% in intra-day trade following the report.
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