Investing.com - Telenet reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Telenet announced earnings per share of €1.39 on revenue of €619.2M. Analysts polled by Investing.com anticipated EPS of €0.9 on revenue of €629.17M.
Telenet shares are down 31% from the beginning of the year and are trading at €33.64 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 13.54% from the start of the year.
Telenet follows other major Services sector earnings this month
Telenet's report follows an earnings beat by Orange Belgium on Friday, July 24, 2020, who reported EPS of €0.33 on revenue of €302.76M, compared to forecasts EPS of €0.27 on revenue of €322.68M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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