Investing.com - Deutsche Telekom AG (DE:DTEGn) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Deutsche Telekom AG announced earnings per share of €0.2453 on revenue of €28.93B. Analysts polled by Investing.com anticipated EPS of €0.2526 on revenue of €29.08B.
Deutsche Telekom AG shares are down 4% from the beginning of the year and are trading at €15.546 , down-from-52-week-high.They are outperforming the DAX which is down 12.48% from the start of the year.
Deutsche Telekom AG shares lost 5.64% in intra-day trade the report.
Deutsche Telekom AG follows other major Communication Services sector earnings this month
Deutsche Telekom AG's report follows an earnings beat by Telefonica Deutschland AG on Wednesday, who reported EPS of €0.0232 on revenue of €2.06B, compared to forecasts EPS of €0.0059 on revenue of €2.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar