Investing.com - Bezeq reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bezeq announced earnings per share of ₪0.15 on revenue of ₪2.22B. Analysts polled by Investing.com anticipated EPS of ₪0.13 on revenue of ₪2,025M.
Bezeq shares are up 15.04% from the beginning of the year, still down 11.33% from its 52 week high of ₪415.00 set on October 19, 2020. They are outperforming the TA 35 which is up 13.63% from the start of the year.
Bezeq follows other major Services sector earnings this month
Bezeq's report follows an earnings beat by Max Stock on Tuesday, who reported EPS of ₪0.16 on revenue of ₪258.9M, compared to forecasts EPS of ₪0.14 on revenue of ₪237M.
BioLine RX had missed expectations on Wednesday with first quarter EPS of ₪-0.02 on revenue of ₪0.00, compared to forecast for EPS of ₪-0.0101 on revenue of ₪0.00.
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