Investing.com - Koninklijke KPN reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Koninklijke KPN announced earnings per share of €0.03 on revenue of €1.33B. Analysts polled by Investing.com anticipated EPS of €0.03 on revenue of €1.31B. That with comparison to EPS of €0.02 on revenue of €1.36B in the same period a year before.Koninklijke KPN had reported EPS of €0.02 on revenue of €1.39B in the previous quarter.Analysts are expecting EPS of €0.03 and revenue of €1,313M in the upcoming quarter.
Koninklijke KPN shares are down 19% from the beginning of the year and are trading at €2.112 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 18.35% year to date.
Koninklijke KPN follows other major Services sector earnings this month
Koninklijke KPN's report follows an earnings beat by Randstad on Wednesday, April 22, 2020, who reported EPS of €0.58 on revenue of €5.41B, compared to forecasts EPS of €0.5 on revenue of €5.01B.
Intertrust Group Holding SA had missed expectations on Thursday, April 23, 2020 with first quarter EPS of €0.35 on revenue of €142.1M, compared to forecast for EPS of €0.36 on revenue of €139.60M.
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