Investing.com - KT (NYSE:KT) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
KT announced earnings per share of 0.5807 on revenue of 5.38B. Analysts polled by Investing.com anticipated EPS of 0.3612 on revenue of 5.39B.
KT shares are down 13.19% from the beginning of the year, still down 1.50% from its 52 week high of 14.02 set on May 12. They are under-performing the EUR/USD which is down 0% from the start of the year.
KT follows other major Services sector earnings this month
KT's report follows an earnings beat by Amazon.com on April 29, who reported EPS of 15.79 on revenue of 108.52B, compared to forecasts EPS of 9.54 on revenue of 104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of 1.38 on revenue of 5.73B, compared to forecast for EPS of 1.27 on revenue of 5.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar