Investing.com - Iliad reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Iliad announced earnings per share of €3.51 on revenue of €2.78B. Analysts polled by Investing.com anticipated EPS of €0.67 on revenue of €1.47B.
Iliad shares are up 50% from the beginning of the year and are trading at €173.95 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.97% from the start of the year.
Iliad follows other major Services sector earnings this month
Iliad's report follows an earnings missed by Orange on Wednesday, August 12, 2020, who reported EPS of €0.17 on revenue of €10.38B, compared to forecasts EPS of €0.18 on revenue of €10.27B.
SES had missed expectations on Friday, August 7, 2020 with second quarter EPS of €0.05 on revenue of €467.9M, compared to forecast for EPS of €0.06 on revenue of €456.6M.
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