Sabesp ADR earnings of $0.02 fell short of expectations, while profits also came in below forecasts.

According to the Sabesp ADR (NYSE: SBS) report, the earnings per share for the first quarter was $0.359, falling short of analysts' expectations of $0.374 by $0.02. The reported earnings for this quarter amounted to $972.74 million, while analyst forecasts were set at $1.39 billion.

Sabesp ADR stock closed the day at $17.22, reflecting a remarkable 19.670% gain over the last three months and a 4.740% increase over the past year. In the last 90 days, Sabesp ADR recorded two positive earnings per share while experiencing no negative earnings. Explore how Sabesp ADR’s stock price reacted to past earnings reports. According to InvestingPro, Sabesp ADR's financial health score is rated as "Good performance." Check the latest earnings reports and all financial information about Sabesp ADR here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.