Telenet Earnings, Revenue beat In Q2

  • Investing.com
Telenet Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Telenet reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Telenet announced earnings per share of €0.91 on revenue of €642.4M. Analysts polled by Investing.com anticipated EPS of €0.8329 on revenue of €637.98M.

Telenet shares are up 25.6% from the beginning of the year and are trading at €31.28 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 9.69% from the start of the year.

Telenet shares lost 3.69% in intra-day trade the report.

Telenet follows other major Communication Services sector earnings this month

Telenet's report follows an earnings missed by Orange Belgium on Monday, who reported EPS of €0.3128 on revenue of €325.4M, compared to forecasts EPS of €0.34 on revenue of €316.63M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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