Investing.com - MTS ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
MTS ADR announced earnings per share of 9.79 on revenue of 138.17B. Analysts polled by Investing.com anticipated EPS of 22.91 on revenue of 137.35B.
MTS ADR shares are down 2.79% from the beginning of the year, still down 13.65% from its 52 week high of 10.07 set on September 24. They are under-performing the EUR/USD which is down 0% from the start of the year.
MTS ADR shares lost 2.90% in intra-day trade following the report.
MTS ADR follows other major Communication Services sector earnings this month
MTS ADR's report follows an earnings beat by Alphabet C on October 26, who reported EPS of 27.99 on revenue of 65.12B, compared to forecasts EPS of 23.83 on revenue of 63.53B.
Alphabet A had beat expectations on October 26 with third quarter EPS of 27.99 on revenue of 65.12B, compared to forecast for EPS of 23.73 on revenue of 63.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar