Investing.com - Telkom Indonesia B ADR reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Telkom Indonesia B ADR announced earnings per share of 0.4908 on revenue of 2.47B. Analysts polled by Investing.com anticipated EPS of 0.492 on revenue of 2.64B.
Telkom Indonesia B ADR shares are up 0.17% from the beginning of the year, still down 12.54% from its 52 week high of 33.21 set on April 18. They are broadly in line with 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 missed by Alphabet C on July 26, who reported EPS of 1.21 on revenue of 69.69B, compared to forecasts EPS of 1.27 on revenue of 69.8B.
Alphabet A had missed expectations on July 26 with second quarter EPS of 1.21 on revenue of 69.69B, compared to forecast for EPS of 1.27 on revenue of 69.8B.
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