Investing.com - MTS ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
MTS ADR announced earnings per share of 9.36 on revenue of 123.9B. Analysts polled by Investing.com anticipated EPS of 19.37 on revenue of 124.18B.
MTS ADR shares are down 0.22% from the beginning of the year, still down 8.97% from its 52 week high of 9.81 set on August 27, 2020. They are broadly in line with the EUR/USD which is down 0% from the start of the year.
MTS ADR shares gained 1.79% in pre-market trade following the report.
MTS ADR follows other major Services sector earnings this month
MTS ADR'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.
Alibaba ADR had missed expectations on Thursday with fourth quarter EPS of 10.32 on revenue of 187.4B, compared to forecast for EPS of 11.16 on revenue of 187.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar