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Swisscom (OTCMKTS:SCMWY) Releases Earnings Results

Swisscom logo with Utilities background

Key Points

  • Swisscom's quarterly earnings were reported at $0.61 EPS, falling short of analysts' expectations of $0.88 EPS.
  • The company generated $4.57 billion in revenue, also below the consensus estimate of $4.61 billion.
  • Berenberg Bank has upgraded Swisscom's stock rating to "hold" as of June 26th.
  • Want stock alerts on Swisscom? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Swisscom (OTCMKTS:SCMWY - Get Free Report) posted its quarterly earnings results on Thursday. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.88 by ($0.27), Zacks reports. The business had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.61 billion. Swisscom had a return on equity of 10.09% and a net margin of 9.29%.

Swisscom Price Performance

Shares of OTCMKTS:SCMWY opened at $71.63 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.99. The stock's fifty day simple moving average is $70.22 and its two-hundred day simple moving average is $64.36. Swisscom has a 1-year low of $54.66 and a 1-year high of $73.21. The stock has a market cap of $371.05 billion, a PE ratio of 24.12 and a beta of 0.30.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of Swisscom to a "hold" rating in a research report on Thursday, June 26th.

Read Our Latest Research Report on Swisscom

Swisscom Company Profile

(Get Free Report)

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.

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Earnings History for Swisscom (OTCMKTS:SCMWY)

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