Investing.com - Koninklijke KPN reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Koninklijke KPN announced earnings per share of €0.0328 on revenue of €1.3B. Analysts polled by Investing.com anticipated EPS of €0.0343 on revenue of €1.28B.
Koninklijke KPN shares are up 5% from the beginning of the year and are trading at €2.742 , down-from-52-week-high.They are under-performing the IBEX 35 which is up 7.47% from the start of the year.
Koninklijke KPN shares gained 1.86% in intra-day trade the report.
Koninklijke KPN follows other major Services sector earnings this month
Koninklijke KPN's report follows an earnings matched by Sligro Food on Thursday, who reported EPS of €-0.09 on revenue of €460M, compared to forecasts EPS of €-0.09 on revenue of €445M.
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