Investing.com - Galp Energia reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Galp Energia announced earnings per share of €0.17 on revenue of €3.64B. Analysts polled by Investing.com anticipated EPS of €0.1404 on revenue of €3.72B.
Galp Energia shares are down 3% from the beginning of the year, still down 22.91% from its 52 week high of €11.00 set on March 15. They are under-performing the PSI 20 which is up 4.07% from the start of the year.
Galp Energia shares gained 1.63% in intra-day trade following the report.
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