Investing.com - Proximus reported on Friday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Proximus announced earnings per share of €0.49 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €0.38 on revenue of €1.36B.
Proximus shares are down 71% from the beginning of the year and are trading at €16.70 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 17.67% from the start of the year.
Proximus follows other major Services sector earnings this month
Proximus's report follows an earnings beat by Telenet on Thursday, who reported EPS of €1.04 on revenue of €637.95M, compared to forecasts EPS of €0.9 on revenue of €635.26M.
Orange Belgium had beat expectations on Monday with third quarter EPS of €0.36 on revenue of €335.3M (NYSE:MMM), compared to forecast for EPS of €0.34 on revenue of €328.85M.
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