Investing.com - KT reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
KT announced earnings per share of 0.4329 on revenue of 4.92B. Analysts polled by Investing.com anticipated EPS of 0.5287 on revenue of 5.17B.
KT shares are up 11.93% from the beginning of the year and are trading at 14.07 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
KT follows other major Communication Services sector earnings this month
KT's report follows an earnings missed by Alphabet C on April 26, who reported EPS of 24.62 on revenue of 68.01B, compared to forecasts EPS of 25.59 on revenue of 68.06B.
Meta Platforms had beat expectations on April 27 with first quarter EPS of 2.72 on revenue of 27.91B, compared to forecast for EPS of 2.56 on revenue of 28.28B.
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