Investing.com - Prosiebensat 1 AG reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Prosiebensat 1 AG announced earnings per share of €0.23 on revenue of €926M. Analysts polled by Investing.com anticipated EPS of €0.25 on revenue of €925.51M. That with comparison to EPS of €0.53 on revenue of €913M in the same period a year before.Prosiebensat 1 AG had reported EPS of €0.61 on revenue of €1.35B in the previous quarter.Analysts are expecting EPS of €0.13 and revenue of €715.95M in the upcoming quarter.
Prosiebensat 1 AG shares are down 11% from the beginning of the year and are trading at €9.852 , down-from-52-week-high.They are outperforming the PSI 20 which is down 19.04% year to date.
Prosiebensat 1 AG follows other major Services sector earnings this month
Prosiebensat 1 AG's report follows an earnings matched by Vonovia on Tuesday, who reported EPS of €0.6 on revenue of €564M, compared to forecasts EPS of €0.6 on revenue of €552.18M.
Zalando SE had beat expectations on Friday with first quarter EPS of €0.28 on revenue of €1.52B, compared to forecast for EPS of €-0.19 on revenue of €1.51B.
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