Telenet earnings beat, Revenue misses in Q1

  • Investing.com
Telenet earnings beat, Revenue misses in Q1
Credit: © Reuters.

Investing.com - Telenet reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Telenet announced earnings per share of €1.48 on revenue of €644.8M. Analysts polled by Investing.com anticipated EPS of €0.772 on revenue of €645.3M (NYSE: MMM ).

Telenet shares are up 18% from the beginning of the year and are trading at €28.22 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 3.4% year to date.

Telenet shares lost 3.88% in intra-day trade the report.

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