Investing.com - Telkom Indonesia B ADR reported on Monday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Telkom Indonesia B ADR announced earnings per share of 0.4544 on revenue of 2.59B. Analysts polled by Investing.com anticipated EPS of 0.4571 on revenue of 2.59B.
Telkom Indonesia B ADR shares are up 13.35% from the beginning of the year, still down 1.04% from its 52 week high of 33.21 set on April 18. They are outperforming the EUR/USD which is down 0% from the start of the year.
Telkom Indonesia B ADR follows other major Communication Services sector earnings this month
Telkom Indonesia B ADR's report follows an earnings beat by Tencent ADR on March 23, who reported EPS of 1.54 on revenue of 22.64B, compared to forecasts EPS of 0.4745 on revenue of 23.04B.
Tencent Music Entertainment Group had matched expectations on March 21 with first quarter EPS of 0.5 on revenue of 7,607M, compared to forecast for EPS of 0.50 on revenue of 7,609M.
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