Investing.com - SK Telecom ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SK Telecom ADR announced earnings per share of 0.3804 on revenue of 3.35B. Analysts polled by Investing.com anticipated EPS of 0.5129 on revenue of 3.48B.
SK Telecom ADR shares are down 3.82% from the beginning of the year and are trading at 25.65 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
SK Telecom ADR follows other major Communication Services sector earnings this month
SK Telecom ADR's report follows an earnings missed by Alphabet C on April 26, who reported EPS of 24.62 on revenue of 68.01B, compared to forecasts EPS of 25.59 on revenue of 68.06B.
Meta Platforms had beat expectations on April 27 with first quarter EPS of 2.72 on revenue of 27.91B, compared to forecast for EPS of 2.56 on revenue of 28.28B.
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