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Telecom Argentina ADR Earnings Miss, Revenue Beats In Q1

May 11, 2021 08:20AM ET
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Investing.com - Telecom Argentina (NYSE:TEO) ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Telecom Argentina ADR announced earnings per share of 0.1051 on revenue of 878.87M. Analysts polled by Investing.com anticipated EPS of 0.1204 on revenue of 851.13M.

Telecom Argentina ADR shares are down 29.12% from the beginning of the year, still down 59.64% from its 52 week high of 11.52 set on June 8, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.

Telecom Argentina ADR follows other major Services sector earnings this month

Telecom Argentina 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.

Visa A had beat expectations on April 27 with second quarter EPS of 1.38 on revenue of 5.73B, compared to forecast for EPS of 1.27 on revenue of 5.56B.

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

Telecom Argentina ADR Earnings Miss, Revenue Beats In Q1
 

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