Investing.com - TIM Participacoes reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TIM Participacoes announced earnings per share of 0.1788 on revenue of 833.73M. Analysts polled by Investing.com anticipated EPS of 0.1662 on revenue of 848.46M.
TIM Participacoes shares are down 22.49% from the beginning of the year and are trading at 10.79 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
TIM Participacoes follows other major Services sector earnings this month
TIM Participacoes's report follows an earnings beat by Netflix on Tuesday, October 19, 2021, who reported EPS of 3.19 on revenue of 7.48B, compared to forecasts EPS of 2.57 on revenue of 7.48B.
Verizon had beat expectations on Wednesday, October 20, 2021 with third quarter EPS of 1.41 on revenue of 32.9B, compared to forecast for EPS of 1.37 on revenue of 33.23B.
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