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FINWIRES

Eni Q2 Net Profit, Sales Rise

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Eni (E) reported Q2 net profit Wednesday of 1.09 euros ($1.24) per diluted share, up from 0.16 euros a year earlier.

An analyst polled by FactSet expected 0.70 euros.

Sales from operations for the quarter ended June 30 were 24.38 billion euros, compared with 18.77 billion euros a year earlier.

Three analysts expected 32.64 billion euros.

Shares of the company were up 4.8% in Wednesday premarket activity.

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