Investing.com - Grupo Televisa ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Grupo Televisa ADR announced earnings per share of Mex$0.0558 on revenue of Mex$922.4M. Analysts polled by Investing.com anticipated EPS of Mex$0.0625 on revenue of Mex$922.01M.
Grupo Televisa ADR shares are down 18.04% from the beginning of the year and are trading at Mex$7.68 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Grupo Televisa ADR follows other major Communication Services sector earnings this month
Grupo Televisa ADR's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of Mex$1.21 on revenue of Mex$69.69B, compared to forecasts EPS of Mex$1.28 on revenue of Mex$70.04B.
Verizon had missed expectations on Friday with second quarter EPS of Mex$1.31 on revenue of Mex$33.79B, compared to forecast for EPS of Mex$1.32 on revenue of Mex$33.74B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar