Investing.com - Telstra Corporation. reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of A$0.08 on revenue of A$10.77B. Analysts polled by Investing.com expected EPS of A$7.00 on revenue of A$10,844M. .
For the year, Telstra Corporation. shares are up 10%, outperforming the AEX which is down 9.04% year to date.
Telstra Corporation. follows other major Communication Services sector earnings this month
On Monday, Rea Group reported fourth quarter EPS of A$0.564 on revenue of A$298.75M, compared to forecasts of EPS of A$0.8287 on revenue of A$303.48M.
News Corp B DRC earnings beat analyst's expectations on Monday, with second quarter EPS of A$0.5306 on revenue of A$3.83B. Investing.com analysts expected EPS of A$0.1279 on revenue of A$3.7B
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