Engie reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Engie announced earnings per share of €0.24 on revenue of €16.49B. Analysts polled by anticipated EPS of €0.24 on revenue of €16.88B. That with comparison to EPS of €0.31 on revenue of €18.79B in the same period a year before. Engie had reported EPS of €0.32 on revenue of €17.11B in the previous quarter. Analysts are expecting EPS of €0.14 and revenue of €14.14B in the upcoming quarter.
Engie shares are down 35% from the beginning of the year , still down 44.40% from its 52 week high of €16.80 set on February 19. They are under-performing the S&P Global (NYSE:SPGI) 100 which is down 9.45% year to date.
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