Empresa posts 1Q profit

Associated Press |

BUENOS AIRES, Argentina (AP) _ Empresa Distribuidora y Comercializadora Norte S.A. (EDN) on Thursday reported first-quarter earnings of $26.9 million.

The Buenos Aires, Argentina-based company said it had profit of 60 cents per share.



The electric power distributor posted revenue of $342.4 million in the period.

Empresa shares have risen 13 percent since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EDN at https://www.zacks.com/ap/EDN

Keywords: Empresa, Earnings Report

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Private Markets

CF0005, LLC dba Mesa-Marshall #1-2

MESA Resources, Inc. ("MESA") is sponsoring the development of the oil & gas well completion project "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development…

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…