Vodafone Shares Top FTSE 100

Vodafone Shares Top FTSE 100
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Vodafone Group plc (VOD) - Get Report shares rose to the top of the FTSE 100 leaderboard Tuesday after a bullish 2018 outlook offset weaker-than-expected full year profits and slowing revenues.

Vodafone said its adjusted operating earnings rose 5.8% from last year to €14.149 billion ($15.6 billion), missing the €15.1 billion estimate complied by FactSet. Group service revenues for the full year, Vodafone said, rose 1.9% to just under €42 billion, while group revenues fell 4.4% to €47.631 billion, a figure that fell short of the €52.5 billion FactSet consensus. Vodafone's total dividend per share was lifted 2% to 14.77 pence, the company said.

READ MORE: Vodafone Shares Top FTSE 100 After Bullish 2018 Outlook Offsets Full Year Loss

This article was written by a staff member of TheStreet.