Investing.com - KT (NYSE:KT) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
KT announced earnings per share of 0.51 on revenue of 4.82B. Analysts polled by Investing.com anticipated EPS of 0.5581 on revenue of 4.82B.
KT shares are up 13.76% from the beginning of the year, still down 6.54% from its 52 week high of 15.30 set on April 4. They are outperforming the EUR/USD which is down 0% from the start of the year.
KT follows other major Communication Services sector earnings this month
KT's report follows an earnings missed by Alphabet C on July 26, who reported EPS of 1.21 on revenue of 69.69B, compared to forecasts EPS of 1.27 on revenue of 69.8B.
Alphabet A had missed expectations on July 26 with second quarter EPS of 1.21 on revenue of 69.69B, compared to forecast for EPS of 1.27 on revenue of 69.8B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar