Investing.com - Telenet reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Telenet announced earnings per share of €0.84 on revenue of €666.9M. Analysts polled by Investing.com anticipated EPS of €0.7723 on revenue of €663.53M.
Telenet shares are up 16% from the beginning of the year, still down 11.43% from its 52 week high of €36.56 set on February 11, 2021. They are outperforming the S&P Global 100 which is down 0.64% from the start of the year.
Telenet shares lost 3.05% in intra-day trade following the report.
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