Investing.com - Oi ADR Pref reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Oi ADR Pref announced earnings per share of -0.0267 on revenue of 861.84M. Analysts polled by Investing.com anticipated EPS of -0.0179 on revenue of 849.87M.
Oi ADR Pref shares are up 20.26% from the beginning of the year and are trading at 0.3020 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 18.93% from the start of the year.
Oi ADR Pref follows other major Services sector earnings this month
Oi ADR Pref'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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