SUEZ SA said its first-half normalized net income amounted to 14 euro cents per share, compared with the S&P Capital IQ consensus estimate of 28 cents per share.
EPS fell 38.1% year over year from 23 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €82.1 million, a decline of 35.6% from €127.5 million in the prior-year period.
Total revenue came to €7.53 billion, compared with €7.46 billion in the year-earlier period, and total operating expenses climbed from the prior-year period to €7.09 billion from €7.00 billion.
Reported net income fell 80.8% from the prior-year period to €30.8 million, or 5 cents per share, from €160.2 million, or 29 cents per share.
