Investing.com - Oi ADR Pref reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Oi ADR Pref announced earnings per share of -0.0373 on revenue of 802.63M. Analysts polled by Investing.com anticipated EPS of -0.0332 on revenue of 873.54M.
Oi ADR Pref shares are up 50% from the beginning of the year and are trading at 0.2600 , down-from-52-week-high.They are outperforming the PSI 20 which is up 15.69% from the start of the year.
Oi ADR Pref follows other major Services sector earnings this month
Oi ADR Pref's report follows an earnings beat by Visa A on Tuesday, October 26, 2021, who reported EPS of 1.62 on revenue of 6.56B, compared to forecasts EPS of 1.55 on revenue of 6.52B.
Walt Disney had missed expectations on Wednesday with fourth quarter EPS of 0.37 on revenue of 18.53B, compared to forecast for EPS of 0.5166 on revenue of 18.82B.
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