Investing.com - Mediaset (OTC:MDIUY) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Mediaset announced earnings per share of €-0.02 on revenue of €523.88M. Analysts polled by Investing.com anticipated EPS of €-0.01 on revenue of €548.32M.
Mediaset shares are down 0% from the beginning of the year, still down 37.94% from its 52 week high of €2.84 set on November 29, 2019. They are broadly in line with the DAX which is down 0.11% from the start of the year.
Mediaset follows other major Services sector earnings this month
Mediaset's report follows an earnings matched by Inwit on Friday, who reported EPS of €0.05 on revenue of €186.1M, compared to forecasts EPS of €0.05 on revenue of €186.51M.
Telecom Italia RSP had beat expectations on Tuesday with third quarter EPS of €0.02 on revenue of €3.90B, compared to forecast for EPS of €0.01 on revenue of €3.86B.
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