Investing.com - BT Group (LON:BT) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BT Group announced earnings per share of £0.0842 on revenue of £5.29B. Analysts polled by Investing.com anticipated EPS of £0.0623 on revenue of £5.26B.
BT Group shares are up 22.38% from the beginning of the year and are trading at £161.85 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 8.45% from the start of the year.
BT Group shares lost 4.26% in intra-day trade after the report.
BT Group follows other major Technology sector earnings this month
BT Group's report follows an earnings missed by Eleco on Monday, who reported EPS of £0.02 on revenue of £13.02M, compared to forecasts EPS of £2.28 on revenue of £12.90M.
Checkit PLC had beat expectations on Thursday, April 29, 2021 with first quarter EPS of £-0.05 on revenue of £3.4M, compared to forecast for EPS of £-4.10 on revenue of £6.60M.
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