Investing.com - KT reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
KT announced earnings per share of $0.44 on revenue of $5.01B. Analysts polled by Investing.com anticipated EPS of $0.45 on revenue of $4.69B.
KT shares are up 14.4% from the beginning of the year and are trading at $14.38 , down-from-52-week-high.
KT follows other major Communication Services sector earnings this month
KT's report follows an earnings beat by Tencent ADR on November 15, who reported EPS of $0.4669 on revenue of $19.79B, compared to forecasts EPS of $0.447 on revenue of $20.01B.
Walt Disney had missed expectations on November 8 with fourth quarter EPS of $0.3 on revenue of $20.15B, compared to forecast for EPS of $0.59 on revenue of $21.38B.
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