Investing.com - Telecom Italia (MI:TLIT) ADR reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Telecom Italia ADR announced earnings per share of $0.14 on revenue of $4.47B. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $4.45B.
Telecom Italia ADR shares are down 0% from the beginning of the year and are trading at $5.630 , is-new-52-week-high.They are broadly in line with the EUR/USD which is down 0% from the start of the year.
Telecom Italia ADR follows other major Services sector earnings this month
Telecom Italia ADR's report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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