Investing.com - TF1 reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
TF1 announced earnings per share of €0.22 on revenue of €720.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of €0.16 on revenue of €687.53M.
TF1 shares are up 22.08% from the beginning of the year and are trading at €7.12 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 3.12% from the start of the year.
TF1 follows other major Services sector earnings this month
TF1's report follows an earnings missed by Publicis Groupe on February 3, who reported EPS of €1.79 on revenue of €2.6B, compared to forecasts EPS of €2.66 on revenue of €2,763M.
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