UPDATE: Chunghwa Telecom Q4 EPADS $0.33 Down From $0.35 YoY, Sales $1.94B Up From $1.90B YoY
Portfolio Pulse from Benzinga Newsdesk
Chunghwa Telecom (NYSE:CHT) reported a decrease in Q4 earnings per ADS to $0.33 from $0.35 YoY, while sales increased to $1.94B from $1.90B YoY.
January 30, 2024 | 10:48 am
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Chunghwa Telecom reported a 5.71% decrease in Q4 earnings per ADS YoY, but a 2.39% increase in sales for the same period.
The decrease in earnings per ADS could be seen negatively by investors, indicating potential pressure on profitability. However, the increase in sales suggests growth, which could offset concerns about earnings. The mixed results lead to a neutral score, as the market may react in either direction or remain unchanged.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100