innogy SE said its third-quarter normalized net income was 1 euro cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 4 cents per share.
The per-share result swung to a profit from the prior-year loss of 6 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €6.5 million, compared with a loss of €31.5 million in the year-earlier period.
The normalized profit margin increased to 0.1% from negative 0.4% in the year-earlier period.
Total revenue climbed 5.0% year over year to €8.82 billion from €8.40 billion, and total operating expenses increased from the prior-year period to €8.60 billion from €8.42 billion.
Reported net income came to a loss of €428.0 million, or a loss of 77 cents per share, compared with a loss of €71.0 million, or a loss of 14 cents per share, in the prior-year period.
