Investing.com - ITV (LON:ITV) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ITV announced earnings per share of £0.05 on revenue of £826M. Analysts polled by Investing.com anticipated EPS of £5.14 on revenue of £1,667M.
ITV shares are up 29% from the beginning of the year and are trading at £73.74 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.46% from the start of the year.
ITV follows other major Communication Services sector earnings this month
ITV's report follows an earnings matched by BT Group on Thursday, who reported EPS of £0.0361 on revenue of £5.13B, compared to forecasts EPS of £0.0361 on revenue of £5.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar