Enel SpA said its normalized net income for the first quarter came to 9 euro cents per share, compared with the S&P Capital IQ consensus estimate of 9 cents per share.
EPS climbed 5.4% year over year from 9 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €807.3 million, a decline from €820.4 million in the prior-year period.
The normalized profit margin increased to 4.6% from 4.5% in the year-earlier period.
Total revenue increased 9.8% year over year to €19.97 billion from €18.18 billion, and total operating expenses grew 10.6% year over year to €17.34 billion from €15.68 billion.
Reported net income totaled €810.0 million, or 9 cents per share, compared with €868.0 million, or 9 cents per share, in the prior-year period.
