Investing.com - Oi ADR reported on Monday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Oi ADR announced earnings per share of $0.0371 on revenue of $870.96M. Analysts polled by Investing.com anticipated EPS of $0.0371 on revenue of $870.87M.
Oi ADR shares are down 25.49% from the beginning of the year and are trading at $1.630 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Oi ADR follows other major sector earnings this month
Oi ADR's report follows an earnings beat by Tencent ADR on Wednesday, March 24, 2021, who reported EPS of $0.9354 on revenue of $20.46B, compared to forecasts EPS of $0.5188 on revenue of $20.31B.
Industrial Commercial Bank of China had beat expectations on Friday with fourth quarter EPS of $0.6704 on revenue of $30.45B, compared to forecast for EPS of $0.5481 on revenue of $31.15B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar