Investing.com - BT Group (LON:BT) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BT Group announced earnings per share of £0.04 on revenue of £5.36B. Analysts polled by Investing.com anticipated EPS of £0.03 on revenue of £5.43B.
BT Group shares are down 53.92% from the beginning of the year and are trading at £100.78 , down-from-52-week-high.They are under-performing the TR UK 50 which is down 26.44% from the start of the year.
BT Group shares lost 0.84% in intra-day trade the report.
BT Group follows other major Technology sector earnings this month
BT Group's report follows an earnings matched by Mail.ru Group on Monday, who reported EPS of £0.04 on revenue of £346.1M, compared to forecasts EPS of £0.04 on revenue of £325.92M.
Nanoco had beat expectations on October 13 with third quarter EPS of £-0.01 on revenue of £998.0K, compared to forecast for EPS of £-1.29 on revenue of £1.00M.
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