trending Market Intelligence /marketintelligence/en/news-insights/trending/kcokCmFrRxxTPUhFWxuDeg2 content esgSubNav
In This List

Enel SpA profit misses consensus by 16.7% in Q2

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Enel SpA profit misses consensus by 16.7% in Q2

Enel SpA said its second-quarter normalized net income came to 6 euro cents per share, compared with the S&P Capital IQ consensus estimate of 7 cents per share.

EPS fell 8.7% year over year from 6 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €600.5 million, an increase from €585.4 million in the year-earlier period.

The normalized profit margin fell to 2.9% from 3.4% in the year-earlier period.

Total revenue decreased year over year to €16.83 billion from €17.17 billion, and total operating expenses declined from the prior-year period to €14.72 billion from €15.00 billion.

Reported net income grew 28.4% on an annual basis to €1.02 billion, or 10 cents per share, from €797.0 million, or 9 cents per share.