PLDT ADR earnings, Revenue miss in Q3

PLDT ADR earnings, Revenue miss in Q3 - PLDT ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

PLDT ADR announced earnings per share of 0.5407 on revenue of 953.13M. Analysts polled by anticipated EPS of 0.6031 on revenue of 966.49M.

PLDT ADR shares are up 21.53% from the beginning of the year and are trading at 33.92 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

PLDT ADR shares gained 2.51% in intra-day trade the report.

PLDT ADR follows other major Services sector earnings this month

PLDT ADR's report follows an earnings beat by Visa A on Tuesday, October 26, 2021, who reported EPS of 1.62 on revenue of 6.56B, compared to forecasts EPS of 1.55 on revenue of 6.52B.

Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of 3.19 on revenue of 7.48B, compared to forecast for EPS of 2.57 on revenue of 7.48B.

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