Investing.com - Nordic Entertainment B reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Nordic Entertainment B announced earnings per share of kr-1.10 on revenue of kr3.97. Analysts polled by Investing.com anticipated EPS of kr-0.84 on revenue of kr4.21B.
Nordic Entertainment B shares are down 26% from the beginning of the year and are trading at kr196.50 , down-from-52-week-high.
Nordic Entertainment B follows other major Communication Services sector earnings this month
Nordic Entertainment B's report follows an earnings missed by Telia Company on Friday, who reported EPS of kr0.42 on revenue of kr22.46B, compared to forecasts EPS of kr0.5201 on revenue of kr22.12B.
Tele2 AB A had missed expectations on Thursday, October 20, 2022 with third quarter EPS of kr1.44 on revenue of kr7.08B, compared to forecast for EPS of kr1.64 on revenue of kr6.86B.
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