Investing.com - Iberdrola (MC:IBE) reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Iberdrola announced earnings per share of €0.15 on revenue of €6.59B. Analysts polled by Investing.com anticipated EPS of €0.15 on revenue of €7.21B.
Iberdrola shares are up 19% from the beginning of the year and are trading at €10.790 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 15.07% from the start of the year.
Iberdrola follows other major Utilities sector earnings this month
Iberdrola's report follows an earnings matched by Enagas on Tuesday, who reported EPS of €0.43 on revenue of €282.68M, compared to forecasts EPS of €0.43 on revenue of €296.18M.
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