Koninklijke KPN earnings inline, Revenue misses in Q2

  • Investing.com
Koninklijke KPN earnings inline, Revenue misses in Q2

Investing.com - Koninklijke KPN reported on Monday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.

Koninklijke KPN announced earnings per share of €0.03 on revenue of €1.29B. Analysts polled by Investing.com anticipated EPS of €0.03 on revenue of €1.3B.

Koninklijke KPN shares are down 12% from the beginning of the year and are trading at €2.296 , down-from-52-week-high.They are broadly in line with the STOXX 600 which is down 12.19% year to date.

Koninklijke KPN follows other major Services sector earnings this month

Koninklijke KPN's report follows an earnings beat by Randstad on Monday, July 20, 2020, who reported EPS of €0.35 on revenue of €4.44B, compared to forecasts EPS of €-0.3 on revenue of €3.73B.

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