Investing.com - Telia Company reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Telia Company announced earnings per share of €0.02 on revenue of €2.05B. Analysts polled by Investing.com anticipated EPS of €0.05 on revenue of €2.05B. That with comparison to EPS of €0.04 on revenue of €1.96B in the same period a year before. Telia Company had reported EPS of €0.03 on revenue of €2.16B in the previous quarter. Analysts are expecting EPS of €0.04 and revenue of €2.03B in the upcoming quarter.
Telia Company shares are down 19% from the beginning of the year , still down 25.95% from its 52 week high of €4.17 set on September 20, 2019. They are under-performing the OMX Helsinki 25 which is down 17.09% year to date.
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