E.On (OTCMKTS:EONGY) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

E.On (OTCMKTS:EONGY) announced its earnings results on Wednesday. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02), Zacks reports. The business had revenue of $18.51 billion for the quarter, compared to analysts’ expectations of $21.43 billion. E.On had a return on equity of 12.59% and a net margin of 3.81%.

E.On Stock Down 1.5%

EONGY stock traded down $0.27 during midday trading on Thursday, hitting $17.70. 37,183 shares of the company’s stock were exchanged, compared to its average volume of 256,012. The firm has a 50 day moving average price of $18.61 and a 200-day moving average price of $18.25. E.On has a 12-month low of $10.65 and a 12-month high of $19.43. The stock has a market capitalization of $46.23 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 5.58 and a beta of 0.77. The company has a current ratio of 0.84, a quick ratio of 0.79 and a debt-to-equity ratio of 1.46.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.