Acciona Earnings miss, Revenue beats In Q2 By Investing.com

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Acciona Earnings miss, Revenue beats In Q2

Published Jul 30, 2020 12:12

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Investing.com - Acciona reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Acciona announced earnings per share of €-0.64 on revenue of €1.57B. Analysts polled by Investing.com anticipated EPS of €0.27 on revenue of €1.56B.

Acciona shares are up 2% from the beginning of the year and are trading at €95.750 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 24.54% from the start of the year.

Acciona follows other major Utilities sector earnings this month

Acciona's report follows an earnings missed by Iberdrola on Wednesday, July 22, 2020, who reported EPS of €0.09 on revenue of €7.04B, compared to forecasts EPS of €0.1 on revenue of €8.54B.

Endesa had missed expectations on Tuesday with second quarter EPS of €0.27 on revenue of €3.3B, compared to forecast for EPS of €0.38 on revenue of €4.14B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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