Investing.com - BT Group (LON:BT) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BT Group announced earnings per share of £0.04 on revenue of £5.36B. Analysts polled by Investing.com anticipated EPS of £0.03 on revenue of £5.43B.
BT Group shares are down 53.92% from the beginning of the year and are trading at £100.78 , down-from-52-week-high.They are under-performing the TR UK 50 which is down 26.44% from the start of the year.
BT Group shares lost 0.84% in intra-day trade after the report.
BT Group follows other major Technology sector earnings this month
BT Group's report follows an earnings matched by Mail.ru Group on Monday, who reported EPS of £0.04 on revenue of £346.1M, compared to forecasts EPS of £0.04 on revenue of £325.92M.
Nanoco had beat expectations on Tuesday, October 13, 2020 with third quarter EPS of £-0.01 on revenue of £998.0K, compared to forecast for EPS of £-1.29 on revenue of £1.00M.
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