Investing.com - Iliad reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Iliad announced earnings per share of €0.67 on revenue of €1.38B. Analysts polled by Investing.com anticipated EPS of €0.73 on revenue of €1,374M. That with comparison to EPS of €1.53 on revenue of €1.29B in the same period a year before.Iliad had reported EPS of €14.31 on revenue of €1.39B in the previous quarter.Analysts are expecting EPS of €0.73 and revenue of €1,402M in the upcoming quarter.
Iliad shares are up 26% from the beginning of the year and are trading at €146.35 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 18.23% year to date.
Iliad follows other major Services sector earnings this month
Iliad's report follows an earnings missed by Orange on April 30, who reported EPS of €0.2 on revenue of €10.39B, compared to forecasts EPS of €0.22 on revenue of €10.31B.
Vivendi had matched expectations on April 20 with first quarter EPS of €0.23 on revenue of €3.87B, compared to forecast for EPS of €0.23 on revenue of €3.62B.
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