Telecom Argentina (TEO) to Release Earnings on Wednesday

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.

Telecom Argentina Company Profile

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.