Investing.com - Koninklijke KPN reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Koninklijke KPN announced earnings per share of €0.0371 on revenue of €1.31B. Analysts polled by Investing.com anticipated EPS of €0.0339 on revenue of €1.3B.
Koninklijke KPN shares are up 22% from the beginning of the year, still down 5.38% from its 52 week high of €3.48 set on April 14. They are outperforming the STOXX 600 which is down 7.39% from the start of the year.
Koninklijke KPN shares gained 0.67% in intra-day trade following the report.
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