Investing.com - Grupo Televisa ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Grupo Televisa ADR announced earnings per share of Mex$0.05 on revenue of Mex$925M. Analysts polled by Investing.com anticipated EPS of Mex$0.0547 on revenue of Mex$971.19M.
Grupo Televisa ADR shares are up 5.44% from the beginning of the year and are trading at Mex$9.88 , down-from-52-week-high.They are outperforming 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$24.62 on revenue of Mex$68.01B, compared to forecasts EPS of Mex$25.75 on revenue of Mex$68.08B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of Mex$24.62 on revenue of Mex$68.01B, compared to forecast for EPS of Mex$25.89 on revenue of Mex$68.08B.
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