Investing.com - Ultrapar Participacoes reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ultrapar Participacoes announced earnings per share of 0.0339 on revenue of 7.06B. Analysts polled by Investing.com anticipated EPS of 0.0329 on revenue of 6.98B.
Ultrapar Participacoes shares are down 1.89% from the beginning of the year and are trading at 2.590 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Ultrapar Participacoes follows other major Energy sector earnings this month
Ultrapar Participacoes's report follows an earnings beat by Exxon Mobil on Friday, July 29, 2022, who reported EPS of 4.14 on revenue of 115.68B, compared to forecasts EPS of 3.84 on revenue of 111.3B.
Chevron had beat expectations on Friday, July 29, 2022 with second quarter EPS of 5.82 on revenue of 68.76B, compared to forecast for EPS of 5.08 on revenue of 58.66B.
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