Investing.com - Galp Energia reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Galp Energia announced earnings per share of €-0.31 on revenue of €3.74B. Analysts polled by Investing.com anticipated EPS of €0.09 on revenue of €2.45B. That with comparison to EPS of €0.12 on revenue of €3.4B in the same period a year before. Galp Energia had reported EPS of €0.19 on revenue of €4.14B in the previous quarter. Analysts are expecting EPS of €-0.01 and revenue of €2.8B in the upcoming quarter.
Galp Energia shares are down 36% from the beginning of the year , still down 40.69% from its 52 week high of €15.95 set on January 6. They are under-performing the STOXX 600 which is down 19.46% year to date.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar