Investing.com - TIM Participacoes reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
TIM Participacoes announced earnings per share of 0.12 on revenue of 769.1M. Analysts polled by Investing.com anticipated EPS of 0.13 on revenue of 770.45M.
TIM Participacoes shares are down 44.69% from the beginning of the year and are trading at 10.57 , 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 Amazon.com on Thursday, October 29, 2020, who reported EPS of 12.37 on revenue of 96.15B, compared to forecasts EPS of 7.41 on revenue of 92.78B.
Visa A had beat expectations on Wednesday, October 28, 2020 with fourth quarter EPS of 1.12 on revenue of 5.1B, compared to forecast for EPS of 1.09 on revenue of 5B.
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