Investing.com - Terna reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terna announced earnings per share of €0.19 on revenue of €1.26B. Analysts polled by Investing.com anticipated EPS of €0.1 on revenue of €626.5M.
Terna shares are up 26% from the beginning of the year, still down 1.12% from its 52 week high of €6.80 set on July 28. They are outperforming the TR UK 50 which is up 8.06% from the start of the year.
Terna follows other major Utilities sector earnings this month
Terna's report follows an earnings beat by Snam on Thursday, who reported EPS of €0.26 on revenue of €1.53B, compared to forecasts EPS of €0.1 on revenue of €725.5M.
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