Investing.com - PT Telekomunikasi Indonesia B reported on Monday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
PT Telekomunikasi Indonesia B announced earnings per share of 0.37 on revenue of 2.57B. Analysts polled by Investing.com anticipated EPS of 0.37 on revenue of 2.41B. That with comparison to EPS of 0.43 on revenue of 2.44B in the same period a year before. PT Telekomunikasi Indonesia B had reported EPS of 0.22 on revenue of 2.23B in the previous quarter. Analysts are expecting EPS of 0.37 and revenue of 2.55B in the upcoming quarter.
PT Telekomunikasi Indonesia B shares are down 14.27% from the beginning of the year , still down 26.65% from its 52 week high of 31.48 set on August 30, 2019. They are under-performing the EUR/USD which is down 0% year to date.
PT Telekomunikasi Indonesia B follows other major Services sector earnings this month
PT Telekomunikasi Indonesia B's report follows an earnings beat by Alibaba ADR on May 22, who reported EPS of 9.2 on revenue of 114.31B, compared to forecasts EPS of 6.05 on revenue of 107.45B.
Walmart had beat expectations on May 19 with first quarter EPS of 1.18 on revenue of 134.62B, compared to forecast for EPS of 1.12 on revenue of 132.69B.
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