Investing.com - Chunghwa Telecom reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chunghwa Telecom announced earnings per share of NT$1.08 on revenue of NT$52.17B. Analysts polled by Investing.com anticipated EPS of NT$0.33 on revenue of NT$1.71B.
Chunghwa Telecom shares are up 1.52% from the beginning of the year, still down 5.07% from its 52 week high of NT$39.46 set on June 30. 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 NT$12.37 on revenue of NT$96.15B, compared to forecasts EPS of NT$7.37 on revenue of NT$92.6B.
Visa A had beat expectations on Wednesday with fourth quarter EPS of NT$1.12 on revenue of NT$5.1B, compared to forecast for EPS of NT$1.09 on revenue of NT$5B.
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