Investing.com - Koninklijke KPN reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Koninklijke KPN announced earnings per share of €0.0414 on revenue of €1.31B. Analysts polled by Investing.com anticipated EPS of €0.0364 on revenue of €1.29B.
Koninklijke KPN shares are down 3% from the beginning of the year and are trading at €2.632 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 17.93% from the start of the year.
Koninklijke KPN follows other major Services sector earnings this month
Koninklijke KPN's report follows an earnings missed by Randstad on October 21, who reported EPS of €1.17 on revenue of €6.28B, compared to forecasts EPS of €1.28 on revenue of €6.18B.
Intertrust Group Holding SA had missed expectations on Friday with third quarter EPS of €0.29 on revenue of €140.29M, compared to forecast for EPS of €0.37 on revenue of €142.65M.
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