Investing.com - Telecom Argentina (NYSE:TEO) ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Telecom Argentina ADR announced earnings per share of -0.0559 on revenue of 935.37M. Analysts polled by Investing.com anticipated EPS of 0.0172 on revenue of 953.95M.
Telecom Argentina ADR shares are up 16% from the beginning of the year, still down 42.72% from its 52 week high of 9.34 set on December 3, 2020. They are under-performing the WIG30 which is up 27.26% from the start of the year.
Telecom Argentina ADR follows other major Services sector earnings this month
Telecom Argentina ADR's report follows an earnings beat by Visa A on October 26, who reported EPS of 1.62 on revenue of 6.56B, compared to forecasts EPS of 1.55 on revenue of 6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of 3.19 on revenue of 7.48B, compared to forecast for EPS of 2.57 on revenue of 7.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar