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Telecom Italia Earnings Inline, Revenue beats In Q1

May 20, 2021 17:20
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Investing.com - Telecom Italia (MI:TLIT) reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.

Telecom Italia announced earnings per share of €0.01 on revenue of €3.75B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €3.72B.

Telecom Italia shares are up 14% from the beginning of the year and are trading at €0.4337 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.74% from the start of the year.

Telecom Italia follows other major Services sector earnings this month

Telecom Italia's report follows an earnings missed by Telecom Italia RSP on Thursday, who reported EPS of €0.008 on revenue of €3.75B, compared to forecasts EPS of €0.01 on revenue of €3.72B.

Inwit had missed expectations on May 13 with first quarter EPS of €0.05 on revenue of €190.2M, compared to forecast for EPS of €0.0615 on revenue of €190.98M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Telecom Italia Earnings Inline, Revenue beats In Q1
 

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