EON 2014 Estimates Missed Analysts Expectations

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March 12 (Bloomberg) –- Bloomberg’s Hans Nichols reports on EON earnings and what the numbers mean for the company and investors. He speaks to Mark Barton and Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Front of me.

I look at them like i am searching through my own energy bill, looking for good news, and there is none to be found.

On their 2014 estimate they missed estimates coming in low.

When you look at revenue and income on 2013, it is also grim.

Income itself is 2.2 4 billion.

That is down from 4.1 7 billion.

That is almost a 50% reduction.

There is so much conversation and discussion in germany about energy, about what it will do to publicly listed companies.

This is another indication that some of these companies are feeling the squeeze from this energy change.

We have seen their share price go down 40% over the last two years.

We watched today how it reacts.

My own energy bill, i always blame my cell.

I always think there's something i'm doing wrong.

Is it my washing machine?

There is nothing i can really be blamed for four eon's earning.

I don't think that mark knows

This text has been automatically generated. It may not be 100% accurate.

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