Investing.com - Telefonica (MC:TEF) ADR reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of €0.0793 on revenue of €10.96B. Analysts polled by Investing.com forecast EPS of €-0.0975 on revenue of €10.6B. .
Telefonica ADR shares lost 2.11% to trade at €4.630 in intra-day trade following the report.
Telefonica ADR follows other major Communication Services sector earnings this month
On Tuesday, February 1, 2022, Alphabet C reported fourth quarter EPS of €30.69 on revenue of €75.33B, compared to forecasts of EPS of €27.8 on revenue of €72.27B.
Meta Platforms earnings missed analyst's expectations on Wednesday, February 2, 2022, with fourth quarter EPS of €3.67 on revenue of €33.67B. Investing.com analysts expected EPS of €3.84 on revenue of €33.37B
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