Investing.com - KT reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
KT announced earnings per share of 0.6006 on revenue of 5.24B. Analysts polled by Investing.com anticipated EPS of 0.3841 on revenue of 5.36B.
KT shares are up 30.61% from the beginning of the year and are trading at 14.38 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
KT follows other major Services sector earnings this month
KT's report follows an earnings beat by Amazon.com on Thursday, July 29, 2021, who reported EPS of 15.12 on revenue of 113.08B, compared to forecasts EPS of 12.23 on revenue of 115.42B.
Alibaba ADR had beat expectations on Tuesday, August 3, 2021 with first quarter EPS of 16.6 on revenue of 205.74B, compared to forecast for EPS of 14.32 on revenue of 209.11B.
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