Telia Company Earnings miss, Revenue beats In Q3

Telia Company Earnings miss, Revenue beats In Q3
Credit: © Reuters. - Telia Company reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Telia Company announced earnings per share of kr0.42 on revenue of kr22.46. Analysts polled by anticipated EPS of kr0.52 on revenue of kr22.12B.

Telia Company shares are down 6% from the beginning of the year and are trading at kr28.25 , down-from-52-week-high.

Telia Company follows other major Communication Services sector earnings this month

Telia Company's report follows an earnings missed by Tele2 AB A on Thursday, who reported EPS of kr1.44 on revenue of kr7.08B, compared to forecasts EPS of kr1.64 on revenue of kr6.86B.

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