U.S. Markets closed

Pampa posts 4Q profit

BUENOS AIRES, Argentina (AP) _ Pampa Energia SA (PAM) on Tuesday reported fourth-quarter profit of $83.7 million.

The Buenos Aires, Argentina-based company said it had profit of 86 cents per share.

The electricity company posted revenue of $842.7 million in the period.

For the year, the company reported a loss of $747,000, or 1 cent per share, swinging to a loss in the period. Revenue was reported as $2.13 billion.

Pampa shares have increased 35 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $46.99, more than doubling 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 PAM at https://www.zacks.com/ap/PAM

_____

Keywords: Pampa Energia, Earnings Report