Investing.com - VEON (NASDAQ:VEON) reported on Thursday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
VEON announced earnings per share of $0.0439 on revenue of $2B. Analysts polled by Investing.com anticipated EPS of $0.0439 on revenue of $1.99B.
VEON shares are up 2.11% from the beginning of the year, still down 27.31% from its 52 week high of $2.49 set on February 18, 2020. They are under-performing the S&P Global 100 which is up 4.87% from the start of the year.
VEON follows other major Services sector earnings this month
VEON's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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