Investing.com - Telefonica (MC:TEF) Brasil ADR reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Telefonica Brasil ADR announced earnings per share of 0.2359 on revenue of 2.28B. Analysts polled by Investing.com anticipated EPS of 0.1644 on revenue of 2.09B.
Telefonica Brasil ADR shares are up 12.02% from the beginning of the year and are trading at 9.690 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Telefonica Brasil ADR follows other major Communication Services sector earnings this month
Telefonica Brasil ADR's report follows an earnings beat by Alphabet A on Tuesday, February 1, 2022, who reported EPS of 30.69 on revenue of 75.33B, compared to forecasts EPS of 27.68 on revenue of 72.27B.
Alphabet C had beat expectations on Tuesday, February 1, 2022 with fourth quarter EPS of 30.69 on revenue of 75.33B, compared to forecast for EPS of 27.8 on revenue of 72.27B.
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