Research Analysts Set Expectations for VEON FY2025 Earnings

VEON Ltd. (NASDAQ:VEON - Free Report) - Investment analysts at Litchfield Hills Research issued their FY2025 EPS estimates for shares of VEON in a research report issued to clients and investors on Thursday, June 26th. Litchfield Hills Research analyst T. O'neill forecasts that the Wireless communications provider will earn $4.83 per share for the year. Litchfield Hills Research currently has a "Strong-Buy" rating on the stock. Litchfield Hills Research also issued estimates for VEON's FY2026 earnings at $6.57 EPS.

VEON (NASDAQ:VEON - Get Free Report) last released its earnings results on Thursday, May 15th. The Wireless communications provider reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.53. VEON had a net margin of 11.18% and a return on equity of 36.24%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $996.00 million.

A number of other research firms also recently weighed in on VEON. Wall Street Zen raised shares of VEON from a "buy" rating to a "strong-buy" rating in a research report on Sunday. Benchmark reaffirmed a "buy" rating and issued a $60.00 price objective on shares of VEON in a report on Monday, June 16th.

VEON Trading Down 0.8%

VEON opened at $44.49 on Monday. The firm has a market capitalization of $3.29 billion, a P/E ratio of 7.02 and a beta of 1.51. The firm's 50 day moving average is $47.33 and its 200-day moving average is $44.39. VEON has a 52-week low of $25.48 and a 52-week high of $58.30. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 2.17.

Hedge Funds Weigh In On VEON

A number of institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its stake in VEON by 177.9% during the 1st quarter. Jane Street Group LLC now owns 16,374 shares of the Wireless communications provider's stock valued at $714,000 after acquiring an additional 10,483 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of VEON by 84,690.0% during the first quarter. Jones Financial Companies Lllp now owns 16,958 shares of the Wireless communications provider's stock worth $740,000 after buying an additional 16,938 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of VEON during the first quarter worth approximately $400,000. Cubist Systematic Strategies LLC increased its position in shares of VEON by 783.6% during the first quarter. Cubist Systematic Strategies LLC now owns 53,936 shares of the Wireless communications provider's stock valued at $2,352,000 after purchasing an additional 47,832 shares during the period. Finally, Walleye Capital LLC increased its position in shares of VEON by 407.2% during the first quarter. Walleye Capital LLC now owns 33,362 shares of the Wireless communications provider's stock valued at $1,455,000 after purchasing an additional 26,784 shares during the period. Hedge funds and other institutional investors own 21.30% of the company's stock.

VEON Company Profile

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.

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