Investing.com - Orange ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Orange ADR announced earnings per share of €0.2237 on revenue of €11.27B. Analysts polled by Investing.com anticipated EPS of €0.3315 on revenue of €11.51B.
Orange ADR shares are up 12.99% from the beginning of the year, still down 8.94% from its 52 week high of €13.09 set on May 17, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Orange ADR follows other major Communication Services sector earnings this month
Orange ADR's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of €24.62 on revenue of €68.01B, compared to forecasts EPS of €25.75 on revenue of €68.08B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of €24.62 on revenue of €68.01B, compared to forecast for EPS of €25.89 on revenue of €68.08B.
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