Investing.com - Telecom Italia (MI:TLIT) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Telecom Italia announced earnings per share of €0.02 on revenue of €3.90B. Analysts polled by Investing.com anticipated EPS of €0.01 on revenue of €3.86B.
Telecom Italia shares are down 39% from the beginning of the year and are trading at €0.3350 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 7.56% from the start of the year.
Telecom Italia follows other major Services sector earnings this month
Telecom Italia's report follows an earnings matched by Inwit on Friday, who reported EPS of €0.05 on revenue of €186.1M, compared to forecasts EPS of €0.05 on revenue of €186.51M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar