Investing.com - SK Telecom ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SK Telecom ADR announced earnings per share of 0.4506 on revenue of 3.29B. Analysts polled by Investing.com anticipated EPS of 0.5841 on revenue of 3.31B.
SK Telecom ADR shares are down 16.27% from the beginning of the year and are trading at 22.32 , 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 July 26, who reported EPS of 1.21 on revenue of 69.69B, compared to forecasts EPS of 1.27 on revenue of 69.8B.
Meta Platforms had missed expectations on July 27 with second quarter EPS of 2.46 on revenue of 28.82B, compared to forecast for EPS of 2.54 on revenue of 28.91B.
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