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Proximus Earnings miss, Revenue beats In Q2

Published 2021-07-31, 02:15 a/m

Investing.com - Proximus reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Proximus announced earnings per share of €0.37 on revenue of €1.36B. Analysts polled by Investing.com anticipated EPS of €0.4196 on revenue of €1.34B.

Proximus shares are down 23% from the beginning of the year and are trading at €17.32 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 15.72% from the start of the year.

Proximus follows other major Communication Services sector earnings this month

Proximus's report follows an earnings beat by Telenet on Thursday, who reported EPS of €0.91 on revenue of €642.4M, compared to forecasts EPS of €0.8329 on revenue of €637.98M.

Orange Belgium had missed expectations on Monday with second quarter EPS of €0.3128 on revenue of €325.4M, compared to forecast for EPS of €0.34 on revenue of €316.63M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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