United Internet AG (Investing.com) reported that their first quarter revenue beat forecasts by analysts and was below expectations.

United Internet AG announced earnings per share of €0.65 on revenue of €1.44B. Analysts polled by Investing.com anticipated EPS of €0.5111 on revenue of €1.45B.

United Internet AG shares are down 11% from the beginning of the year, still down 17.60% from its 52 week high of €37.67 set on August 25, 2021. The shares are performing better than the, which has fallen 13% since the beginning of the year.

United Internet AG is following other important earnings from the Communication Services sector this month

United Internet AG’s report follows an earnings missed by Scout24 AG on May 3, who reported EPS of €0.25 on revenue of €107.9M, compared to forecasts EPS of €0.32 on revenue of €105.25M.

New Work had beat expectations on May 5 with first quarter EPS of €2.12 on revenue of €75.9M, compared to forecast for EPS of €2 on revenue of €76M.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar