Investing.com - VEON reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
VEON announced earnings per share of $0.11 on revenue of $2.01B. Analysts polled by Investing.com anticipated EPS of $0.117 on revenue of $2.08B.
VEON shares are up 41% from the beginning of the year and are trading at $2.0850 , down-from-52-week-high.They are outperforming the AEX which is up 30.35% from the start of the year.
VEON follows other major Services sector earnings this month
VEON's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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