Investing.com - NTT Docomo (OTC:DCMYY) ADR reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NTT Docomo ADR announced earnings per share of ¥0.12 on revenue of ¥10.64B. Analysts polled by Investing.com anticipated EPS of ¥0.11 on revenue of ¥10.78B. That with comparison to EPS of ¥0.14 on revenue of ¥10.79B in the same period a year before. NTT Docomo ADR had reported EPS of ¥0.48 on revenue of ¥10.94B in the previous quarter. Analysts are expecting EPS of ¥0.53 and revenue of ¥10.69B in the upcoming quarter.
NTT Docomo ADR shares are up 9.43% from the beginning of the year , still down 7.85% from its 52 week high of ¥33.00 set on March 27. They are outperforming the EUR/USD which is down 0% year to date.
NTT Docomo ADR shares lost 0.56% in intra-day trade following the report.
NTT Docomo ADR follows other major Services sector earnings this month
NTT Docomo ADR's report follows an earnings beat by Verizon on Friday, who reported EPS of ¥1.26 on revenue of ¥31.61B, compared to forecasts EPS of ¥1.22 on revenue of ¥32.38B.
AT&T had missed expectations on April 22 with first quarter EPS of ¥0.84 on revenue of ¥42.78B, compared to forecast for EPS of ¥0.85 on revenue of ¥44.2B.
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