Investing.com - Telecom Argentina (NYSE:TEO) ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Telecom Argentina ADR announced earnings per share of 0.01 on revenue of 855.43M. Analysts polled by Investing.com anticipated EPS of 0.11 on revenue of 875.29M.
Telecom Argentina ADR shares are down 36.39% from the beginning of the year, still down 41.54% from its 52 week high of 12.35 set on March 11. 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 October 29, who reported EPS of 12.37 on revenue of 96.15B, compared to forecasts EPS of 7.41 on revenue of 92.78B.
Alibaba ADR had beat expectations on Thursday with second quarter EPS of 18 on revenue of 155.06B, compared to forecast for EPS of 13.82 on revenue of 154.87B.
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