Investing.com - Bezeq reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Bezeq announced earnings per share of ₪0.0721 on revenue of ₪2.14B. Analysts polled by Investing.com anticipated EPS of ₪0.0611 on revenue of ₪2.14B.
Bezeq shares are up 7.85% from the beginning of the year, still down 16.87% from its 52 week high of ₪415.00 set on October 19, 2020. They are outperforming the TA 35 which is up 5.27% from the start of the year.
Bezeq follows other major Services sector earnings this month
Bezeq's report follows an earnings missed by Partner on Thursday, who reported EPS of ₪0.03 on revenue of ₪808M, compared to forecasts EPS of ₪0.08 on revenue of ₪816.00M.
Max Stock had beat expectations on March 15 with fourth quarter EPS of ₪0.14 on revenue of ₪276.1M, compared to forecast for EPS of ₪0.1 on revenue of ₪207.3M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar