Investing.com - Grupo Televisa ADR reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Grupo Televisa ADR announced earnings per share of Mex$0.28 on revenue of Mex$1.14B. Analysts polled by Investing.com anticipated EPS of Mex$0.12 on revenue of Mex$1.1B.
Grupo Televisa ADR shares are down 37.6% from the beginning of the year and are trading at Mex$7.32 , 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 Services sector earnings this month
Grupo Televisa ADR's report follows an earnings beat by Verizon on Wednesday, who reported EPS of Mex$1.25 on revenue of Mex$31.5B, compared to forecasts EPS of Mex$1.22 on revenue of Mex$31.59B.
Netflix had missed expectations on Tuesday with third quarter EPS of Mex$1.74 on revenue of Mex$6.44B, compared to forecast for EPS of Mex$2.13 on revenue of Mex$6.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar