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United Internet AG Earnings Beat, Revenue Misses In Q1

Stock Markets May 12, 2022 04:50PM ET

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United Internet AG Earnings Beat, Revenue Misses In Q1

Investing.com - United Internet AG reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

United Internet AG announced earnings per share of €0.65 on revenue of €1.44B. Analysts polled by Investing.com anticipated EPS of €0.5111 on revenue of €1.45B.

United Internet AG shares are down 11% from the beginning of the year, still down 17.60% from its 52 week high of €37.67 set on August 25, 2021. They are outperforming the STOXX 600 which is down 13% from the start of the year.

United Internet AG follows other major Communication Services sector earnings this month

United Internet AG's report follows an earnings missed by Scout24 AG on May 3, who reported EPS of €0.25 on revenue of €107.9M, compared to forecasts EPS of €0.32 on revenue of €105.25M.

New Work had beat expectations on May 5 with first quarter EPS of €2.12 on revenue of €75.9M, compared to forecast for EPS of €2 on revenue of €76M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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