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Telecom Argentina (TEO) to Release Earnings on Wednesday

Telecom Argentina logo with Utilities background

Telecom Argentina (NYSE:TEO - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

Telecom Argentina (NYSE:TEO - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.47) by $0.64. The company had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.19 billion. Telecom Argentina had a negative net margin of 1.91% and a negative return on equity of 1.26%. On average, analysts expect Telecom Argentina to post $1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telecom Argentina Stock Up 0.8%

Shares of TEO stock traded up $0.08 on Monday, reaching $10.57. 174,098 shares of the company were exchanged, compared to its average volume of 214,359. The company has a market cap of $4.55 billion, a price-to-earnings ratio of -58.72 and a beta of 1.28. The company has a 50-day moving average of $10.41 and a 200-day moving average of $11.61. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.40 and a quick ratio of 0.37. Telecom Argentina has a one year low of $5.52 and a one year high of $15.54.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Scotiabank upped their target price on shares of Telecom Argentina from $6.10 to $6.20 and gave the stock a "sector underperform" rating in a report on Thursday, March 13th. JPMorgan Chase & Co. upgraded shares of Telecom Argentina from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $10.00 to $13.00 in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group upped their target price on shares of Telecom Argentina from $8.30 to $9.50 and gave the stock a "sell" rating in a report on Wednesday, April 23rd.

Read Our Latest Stock Analysis on TEO

Telecom Argentina Company Profile

(Get Free Report)

Telecom Argentina SA, together with its subsidiaries, provides telecommunications services. The company offers mobile telecommunications services, including voice communications, high-speed mobile Internet content and applications download, online streaming, and other services; and sells mobile communication devices, such as handsets, Modems MiFi and wingles, and smart watches.

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Earnings History for Telecom Argentina (NYSE:TEO)

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