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 1.16 on revenue of 51.29B. Analysts polled by Investing.com anticipated EPS of 0.4294 on revenue of 1.88B.
Chunghwa Telecom shares are up 3.7% from the beginning of the year, still down 4.58% from its 52 week high of 45.87 set on February 23. They are outperforming the EUR/USD which is down 0% from the start of the year.
Chunghwa Telecom follows other major Communication Services sector earnings this month
Chunghwa Telecom's report follows an earnings missed by Alphabet C on April 26, who reported EPS of 24.62 on revenue of 68.01B, compared to forecasts EPS of 25.59 on revenue of 68.06B.
Meta Platforms had beat expectations on April 27 with first quarter EPS of 2.72 on revenue of 27.91B, compared to forecast for EPS of 2.56 on revenue of 28.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar