Investing.com - Chunghwa Telecom reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chunghwa Telecom announced earnings per share of 0.3793 on revenue of 2.13B. Analysts polled by Investing.com anticipated EPS of 0.3561 on revenue of 1.98B.
Chunghwa Telecom shares are up 2% from the beginning of the year, still down 3.23% from its 52 week high of 40.25 set on January 14. They are broadly in line with the STOXX 600 which is up 2.09% 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 Tuesday, who reported EPS of 14.09 on revenue of 125.56B, compared to forecasts EPS of 7.16 on revenue of 119.68B.
Alibaba ADR had beat expectations on Tuesday with third quarter EPS of 22.03 on revenue of 221.08B, compared to forecast for EPS of 20.59 on revenue of 214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar