Investing.com - Orange ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Orange ADR announced earnings per share of €0.2336 on revenue of €10.88B. Analysts polled by Investing.com anticipated EPS of €0.2237 on revenue of €11.18B.
Orange ADR shares are down 4.55% from the beginning of the year and are trading at €10.07 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Orange ADR follows other major Communication Services sector earnings this month
Orange ADR's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of €1.21 on revenue of €69.69B, compared to forecasts EPS of €1.28 on revenue of €70.04B.
Meta Platforms had missed expectations on Wednesday with second quarter EPS of €2.46 on revenue of €28.82B, compared to forecast for EPS of €2.56 on revenue of €28.94B.
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