Telecom Italia earnings inline, Revenue beats in Q1

Investing.com - Telecom Italia (MI: TLIT ) reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Telecom Italia announced earnings per share of €0.01 on revenue of €3.75B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €3.72B.
Telecom Italia shares are up 14% from the beginning of the year and are trading at €0.4337 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.74% year to date.
Telecom Italia follows other major Services sector earnings this month
Telecom Italia's report follows an earnings missed by Telecom Italia RSP on Thursday, who reported EPS of €0.008 on revenue of €3.75B, compared to forecasts EPS of €0.01 on revenue of €3.72B.
Inwit had missed expectations on Thursday, May 13, 2021 with first quarter EPS of €0.05 on revenue of €190.2M, compared to forecast for EPS of €0.0615 on revenue of €190.98M.
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