Swisscom (SCMWY) Projected to Post Quarterly Earnings on Thursday

Key Points

• Swisscom is expected to announce quarterly results on May 7, with analysts forecasting earnings of $0.9060 per share and revenue of $4.7382 billion.
• Shares opened at $82.57 (1‑year range $62.91–$94.63); the stock has a market cap of $427.7 billion, a P/E of 27.89 and a beta of 0.29.
• Several brokerages have downgraded Swisscom recently (including New Street, BNP Paribas Exane and UBS), and MarketBeat shows a consensus rating of Reduce.

Swisscom (OTCMKTS:SCMWY - Get Free Report) is anticipated to announce its resultson Thursday, May 7th. Analysts expect the company to announce earnings of $0.9060 per share and revenue of $4.7382 billion for the quarter.

Swisscom Trading Down 0.4%

Shares of OTCMKTS SCMWY opened at $82.57 on Thursday. Swisscom has a 1 year low of $62.91 and a 1 year high of $94.63. The stock has a market cap of $427.70 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.99 and a beta of 0.29. The firm has a 50-day moving average of $87.93 and a 200 day moving average of $79.67. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.76 and a quick ratio of 0.76.

Analyst Ratings Changes

A number of research analysts recently issued reports on SCMWY shares. New Street Research cut shares of Swisscom from a "hold" rating to a "strong sell" rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Swisscom in a research report on Thursday, April 23rd. BNP Paribas Exane cut shares of Swisscom from an "outperform" rating to a "hold" rating in a research report on Tuesday, April 14th. Finally, UBS Group cut shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 26th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".

About Swisscom

Swisscom AG is Switzerland's leading telecommunications provider, offering a broad range of consumer and business communications services. Its core activities include mobile and fixed-line telephony, broadband internet, and digital television for residential customers, together with comprehensive information and communications technology (ICT) solutions for corporate and public-sector clients. The company also develops and markets cloud computing, data center, IoT and cybersecurity services, and supplies wholesale network access to other operators and service providers.

Swisscom's origins lie in the Swiss state telecommunications system; over time it evolved from a government monopoly into a partly privatized joint-stock company while remaining majority-owned by the Swiss Confederation.

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