Investing.com - Iliad reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Iliad announced earnings per share of €0.78 on revenue of €1.42B. Analysts polled by Investing.com anticipated EPS of €1.57 on revenue of €1.43B.
Iliad shares are up 47% from the beginning of the year and are trading at €170.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 6.5% from the start of the year.
Iliad follows other major Services sector earnings this month
Iliad's report follows an earnings missed by Vivendi on Tuesday, October 20, 2020, who reported EPS of €0.2193 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.
Orange had missed expectations on Thursday, October 29, 2020 with third quarter EPS of €0.39 on revenue of €10.58B, compared to forecast for EPS of €0.4 on revenue of €10.52B.
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