Investing.com - Eutelsat reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Eutelsat announced earnings per share of €0.72 on revenue of €285M. Analysts polled by Investing.com anticipated EPS of €0.55 on revenue of €285.3M (NYSE:MMM).
Eutelsat shares are down 4% from the beginning of the year and are trading at €10.63 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 4.77% from the start of the year.
Eutelsat follows other major Communication Services sector earnings this month
Eutelsat's report follows an earnings beat by Publicis Groupe on Thursday, February 3, 2022, who reported EPS of €2.4 on revenue of €2.94B, compared to forecasts EPS of €2.27 on revenue of €2.82B.
Metropole TV had beat expectations on Tuesday with fourth quarter EPS of €2.22 on revenue of €437.4M, compared to forecast for EPS of €1.06 on revenue of €698.69M.
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