Investing.com - Iberdrola (MC:IBE) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Iberdrola announced earnings per share of €0.0797 on revenue of €8.66B. Analysts polled by Investing.com anticipated EPS of €0.0981 on revenue of €8.14B.
Iberdrola shares are down 11% from the beginning of the year and are trading at €10.248 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is up 13.33% from the start of the year.
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