Investing.com - VEON (NASDAQ:VEON) reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
VEON announced earnings per share of $0.01 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $1.92B.
VEON shares are down 32.81% from the beginning of the year, still down 41.98% from its 52 week high of $2.93 set on August 8, 2019. They are under-performing the Nasdaq which is up 22.58% 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 July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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