Investing.com - Grupo Televisa ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Grupo Televisa ADR announced earnings per share of Mex$0.13 on revenue of Mex$990.18M. Analysts polled by Investing.com anticipated EPS of Mex$-0.04 on revenue of Mex$967.38M.
Grupo Televisa ADR shares are down 55.84% from the beginning of the year , still down 58.92% from its 52 week high of Mex$12.61 set on January 22. They are under-performing the EUR/USD which is down 0% year to date.
Grupo Televisa ADR follows other major Services sector earnings this month
Grupo Televisa ADR's report follows an earnings missed by Lululemon Athletica on June 11, who reported EPS of Mex$0.22 on revenue of Mex$651.96M, compared to forecasts EPS of Mex$0.23 on revenue of Mex$691.63M.
Alimentation Couchen A had beat expectations on Tuesday with first quarter EPS of Mex$0.47 on revenue of Mex$9.69B, compared to forecast for EPS of Mex$0.43 on revenue of Mex$9,393M.
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