Investing.com - Telecom Italia (MI:TLIT) reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Telecom Italia announced earnings per share of €0.01 on revenue of €3.82B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €3.77B.
Telecom Italia shares are down 2% from the beginning of the year and are trading at €0.3695 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 14.94% from the start of the year.
Telecom Italia follows other major Communication Services sector earnings this month
Telecom Italia's report follows an earnings matched by Telecom Italia RSP on Tuesday, who reported EPS of €0.008 on revenue of €3.82B, compared to forecasts EPS of €0.008 on revenue of €3.77B.
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