Koninklijke KPN reported on Thursday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Koninklijke KPN announced earnings per share of €0.03 on revenue of €1.33B. Analysts polled by anticipated EPS of €0.03 on revenue of €1.31B. That with comparison to EPS of €0.02 on revenue of €1.36B in the same period a year before. Koninklijke KPN had reported EPS of €0.02 on revenue of €1.39B in the previous quarter. Analysts are expecting EPS of €0.03 and revenue of €1,313M in the upcoming quarter.
Koninklijke KPN shares are down 19% from the beginning of the year , still down 29.08% from its 52 week high of €2.98 set on October 21, 2019. They are under-performing the STOXX 600 which is down 18.35% year to date.
Koninklijke KPN follows other major Services sector earnings this month
Koninklijke KPN's report follows an earnings beat by Randstad on April 22, who reported EPS of €0.58 on revenue of €5.41B, compared to forecasts EPS of €0.5 on revenue of €5.01B.
Intertrust Group Holding SA had missed expectations on April 23 with first quarter EPS of €0.35 on revenue of €142.1M, compared to forecast for EPS of €0.36 on revenue of €139.60M.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
