Investing.com - Chunghwa Telecom reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chunghwa Telecom announced earnings per share of 1.14 on revenue of 50.1B. Analysts polled by Investing.com anticipated EPS of 0.3313 on revenue of 1.82B.
Chunghwa Telecom shares are up 5.64% from the beginning of the year, still down 1.43% from its 52 week high of 41.39 set on April 26. They are outperforming the EUR/USD which is down 0% from the start of the year.
Chunghwa Telecom follows other major Services sector earnings this month
Chunghwa Telecom's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of 15.79 on revenue of 108.52B, compared to forecasts EPS of 9.54 on revenue of 104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of 1.38 on revenue of 5.73B, compared to forecast for EPS of 1.27 on revenue of 5.56B.
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