Investing.com - REN reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
REN announced earnings per share of €0.04 on revenue of €209M. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €190.33M.
REN shares are up 5% from the beginning of the year and are trading at €2.495 , down-from-52-week-high.They are under-performing the PSI 20 which is up 16.65% from the start of the year.
REN follows other major Utilities sector earnings this month
REN's report follows an earnings missed by EDP Renovaveis on Thursday, November 4, 2021, who reported EPS of €0.01 on revenue of €335.7M, compared to forecasts EPS of €0.0412 on revenue of €352.62M.
EDP had beat expectations on Friday, November 5, 2021 with third quarter EPS of €0.04 on revenue of €3.92B, compared to forecast for EPS of €0.0304 on revenue of €3.41B.
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