Investing.com - Proximus reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Proximus announced earnings per share of €0.38 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €0.3378 on revenue of €1.35B.
Proximus shares are up 9% from the beginning of the year, still down 15.53% from its 52 week high of €20.99 set on June 9, 2020. They are under-performing the BEL 20 which is up 10.85% from the start of the year.
Proximus follows other major Services sector earnings this month
Proximus's report follows an earnings matched by Warehouses de Pauw on April 21, who reported EPS of €0.24 on revenue of €61.21M, compared to forecasts EPS of €0.24 on revenue of €60.90M.
Telenet had beat expectations on Thursday with first quarter EPS of €1.03 on revenue of €645.9M, compared to forecast for EPS of €0.6922 on revenue of €640.53M.
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