Telenor ASA (TELNY) Projected to Post Earnings on Tuesday

Key Points

• Upcoming earnings: Telenor is set to report results on Tuesday, April 28, with analysts forecasting $0.2101 EPS and $1.9198 billion in revenue for the quarter.
• In the prior quarter the company missed EPS and revenue estimates, and analysts now project about $2 EPS for the current fiscal year and $1 EPS for the next, with a consensus rating of Reduce after recent downgrades.
• Market snapshot: shares opened at $17.43 (up ~2.3%), market cap ~$23.84 billion, P/E ~31.12, and a 12‑month range of $13.68–$18.92.

Telenor ASA (OTCMKTS:TELNY - Get Free Report) is expected to release its resultson Tuesday, April 28th. Analysts expect Telenor ASA to post earnings of $0.2101 per share and revenue of $1.9198 billion for the quarter.

Telenor ASA (OTCMKTS:TELNY - Get Free Report) last posted its earnings results on Friday, February 6th. The utilities provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.07 billion. Telenor ASA had a net margin of 10.15% and a return on equity of 15.52%. On average, analysts expect Telenor ASA to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Telenor ASA Trading Up 2.3%

Shares of OTCMKTS TELNY opened at $17.43 on Tuesday. The company has a market cap of $23.84 billion, a price-to-earnings ratio of 31.12 and a beta of 0.36. Telenor ASA has a 12-month low of $13.68 and a 12-month high of $18.92. The company has a current ratio of 0.71, a quick ratio of 0.69 and a debt-to-equity ratio of 0.98. The stock's 50 day simple moving average is $17.78 and its 200 day simple moving average is $16.07.

Analyst Ratings Changes

Separately, Pareto Securities lowered Telenor ASA from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 10th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Telenor ASA has a consensus rating of "Reduce".

Telenor ASA Company Profile

Telenor ASA is a Norway-based multinational telecommunications company that provides a broad range of communications and digital services to consumers and businesses. Its core offerings include mobile voice and data services, fixed broadband, television distribution, and related value-added digital services. The company also provides enterprise solutions such as business connectivity, cloud and hosting services, Internet of Things (IoT) connectivity, and wholesale telecommunications services.

In its consumer-facing business, Telenor operates mobile networks, broadband access and content services, and increasingly bundles digital and financial services to enhance customer engagement.

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