Investing.com - Prosiebensat 1 AG reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Prosiebensat 1 AG announced earnings per share of €0.3301 on revenue of €1.06B. Analysts polled by Investing.com anticipated EPS of €0.3299 on revenue of €1.03B.
Prosiebensat 1 AG shares are up 77% from the beginning of the year and are trading at €14.730 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 20.78% from the start of the year.
Prosiebensat 1 AG follows other major Communication Services sector earnings this month
Prosiebensat 1 AG's report follows an earnings matched by Freenet AG on Thursday, who reported EPS of €0.5195 on revenue of €641.8M, compared to forecasts EPS of €0.5195 on revenue of €640.35M.
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