Investing.com - Telenet reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Telenet announced earnings per share of €0.37 on revenue of €665.1M. Analysts polled by Investing.com anticipated EPS of €0.8105 on revenue of €662.86M.
Telenet shares are up 2% from the beginning of the year, still down 15.14% from its 52 week high of €42.80 set on February 11, 2020. They are under-performing the BEL 20 which is up 4.73% from the start of the year.
Telenet shares gained 0.39% in intra-day trade following the report.
Telenet follows other major Services sector earnings this month
Telenet's report follows an earnings missed by Warehouses de Pauw on January 29, who reported EPS of €0.25 on revenue of €59.72M, compared to forecasts EPS of €0.51 on revenue of €0.13M.
Orange Belgium had missed expectations on February 5 with fourth quarter EPS of €0.2 on revenue of €343M, compared to forecast for EPS of €0.2303 on revenue of €364.63M.
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