Deutsche Telekom AG Earnings, Revenue beat In Q2

  • Investing.com
Deutsche Telekom AG Earnings, Revenue beat In Q2

Investing.com - Deutsche Telekom AG (DE: DTEGn ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Deutsche Telekom AG announced earnings per share of €0.45 on revenue of €26.59B. Analysts polled by Investing.com anticipated EPS of €0.3421 on revenue of €26.18B.

Deutsche Telekom AG shares are up 23% from the beginning of the year and are trading at €18.436 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 19.04% from the start of the year.

Deutsche Telekom AG shares gained 3.12% in intra-day trade the report.

Deutsche Telekom AG follows other major Communication Services sector earnings this month

Deutsche Telekom AG's report follows an earnings missed by Freenet AG on Thursday, who reported EPS of €0.40 on revenue of €619.9M, compared to forecasts EPS of €0.4812 on revenue of €615.43M.

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