Telecom Argentina (NYSE:TEO - Get Free Report) is expected to release its Q1 2025 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 issued its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.47) by $0.64. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.19 billion. Telecom Argentina had a negative return on equity of 1.26% and a negative net margin of 1.91%. 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 Price Performance
Shares of Telecom Argentina stock opened at $9.56 on Wednesday. The stock has a 50 day moving average price of $10.47 and a 200-day moving average price of $11.54. Telecom Argentina has a one year low of $5.52 and a one year high of $15.54. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of -53.11 and a beta of 1.28. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.37 and a current ratio of 0.40.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on TEO. The Goldman Sachs Group boosted their price objective on shares of Telecom Argentina from $8.30 to $9.50 and gave the company a "sell" rating in a research report on Wednesday, April 23rd. Scotiabank lifted their price target on shares of Telecom Argentina from $6.10 to $6.20 and gave the stock a "sector underperform" rating in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. raised shares of Telecom Argentina from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $10.00 to $13.00 in a research report on Tuesday, February 25th.
Read Our Latest Report on TEO
About Telecom Argentina
(
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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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