Investing.com - Orange ADR reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orange ADR announced earnings per share of €0.6777 on revenue of €12.68B. Analysts polled by Investing.com anticipated EPS of €0.6829 on revenue of €12.55B.
Orange ADR shares are up 17.35% from the beginning of the year and are trading at €12.38 , down-from-52-week-high.They are outperforming 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 beat by Alphabet C on February 1, who reported EPS of €30.69 on revenue of €75.33B, compared to forecasts EPS of €27.8 on revenue of €72.27B.
Meta Platforms had missed expectations on February 2 with fourth quarter EPS of €3.67 on revenue of €33.67B, compared to forecast for EPS of €3.84 on revenue of €33.37B.
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