Investing.com - Iliad reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Iliad announced earnings per share of €0.78 on revenue of €1.42B. Analysts polled by Investing.com anticipated EPS of €1.57 on revenue of €1.43B.
Iliad shares are up 47% from the beginning of the year and are trading at €170.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 6.5% from the start of the year.
Iliad follows other major Services sector earnings this month
Iliad's report follows an earnings missed by Vivendi on October 20, who reported EPS of €0.2193 on revenue of €4.02B, compared to forecasts EPS of €0.22 on revenue of €3.93B.
Orange had missed expectations on October 29 with third quarter EPS of €0.39 on revenue of €10.58B, compared to forecast for EPS of €0.4 on revenue of €10.52B.
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