Investing.com - Proximus reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Proximus announced earnings per share of €0.47 on revenue of €1.32B. Analysts polled by Investing.com anticipated EPS of €0.41 on revenue of €1.36B.
Proximus shares are down 31% from the beginning of the year and are trading at €17.51 , down-from-52-week-high.They are under-performing the BEL 20 which is down 17.25% from the start of the year.
Proximus follows other major Services sector earnings this month
Proximus's report follows an earnings missed by Telenet on Friday, who reported EPS of €0.3 on revenue of €619.2M, compared to forecasts EPS of €0.9 on revenue of €629.17M.
Orange Belgium had beat expectations on Friday, July 24, 2020 with second quarter EPS of €0.33 on revenue of €302.76M, compared to forecast for EPS of €0.27 on revenue of €322.68M.
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