Investing.com - Orange ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orange ADR announced earnings per share of €-1.09 on revenue of €20.87B. Analysts polled by Investing.com anticipated EPS of €0.1824 on revenue of €12.28B.
Orange ADR shares are up 3% from the beginning of the year and are trading at €11.49 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.16% from the start of the year.
Orange ADR follows other major Communication Services sector earnings this month
Orange ADR's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of €27.26 on revenue of €61.88B, compared to forecasts EPS of €19.33 on revenue of €56.19B.
Alphabet A had beat expectations on Tuesday with second quarter EPS of €27.26 on revenue of €61.88B, compared to forecast for EPS of €19.24 on revenue of €56.19B.
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