Investing.com - Oi ADR Pref reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Oi ADR Pref announced earnings per share of -0.0171 on revenue of 813.99M. Analysts polled by Investing.com anticipated EPS of -0.0012 on revenue of 481.09M.
Oi ADR Pref shares are down 40.7% from the beginning of the year and are trading at 0.1450 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Oi ADR Pref follows other major Communication Services sector earnings this month
Oi ADR Pref's report follows an earnings missed by Alphabet C on Tuesday, July 26, 2022, who reported EPS of 1.21 on revenue of 69.69B, compared to forecasts EPS of 1.27 on revenue of 69.8B.
Meta Platforms had missed expectations on Wednesday, July 27, 2022 with second quarter EPS of 2.46 on revenue of 28.82B, compared to forecast for EPS of 2.54 on revenue of 28.91B.
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