Investing.com - BT Group (LON:BT) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BT Group announced earnings per share of £0.0405 on revenue of £5.48B. Analysts polled by Investing.com anticipated EPS of £0.039 on revenue of £5.43B.
BT Group shares are up 2% from the beginning of the year, still down 24.30% from its 52 week high of £166.18 set on February 4, 2020. They are broadly in line with the STOXX 600 which is up 2.09% from the start of the year.
BT Group shares lost 2.25% in intra-day trade following the report.
BT Group follows other major Technology sector earnings this month
BT Group's report follows an earnings beat by Blue Prism on January 14, who reported EPS of £-0.43 on revenue of £72.90M, compared to forecasts EPS of £-29.66 on revenue of £75.85M.
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