TeliaSonera (OTCMKTS:TLSNY) Issues Earnings Results, Misses Expectations By $0.02 EPS

Key Points

• EPS miss: TeliaSonera reported quarterly EPS of $0.09, missing the $0.11 analyst consensus by $0.02, with a return on equity of 8.9% and a net margin of 4.35%.
• Stock and valuation: Shares rose to $10.41 on light volume; the company has a $20.47 billion market cap and a high PE of 57.85, with a 12‑month range of $6.67–$10.79.
• Analyst moves: UBS downgraded TeliaSonera to "hold" while Citigroup upgraded it to "strong-buy," leaving two Strong Buy and two Hold ratings and an overall MarketBeat average rating of "Buy".

TeliaSonera (OTCMKTS:TLSNY - Get Free Report) issued its quarterly earnings results on Friday. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.02), Zacks reports. TeliaSonera had a return on equity of 8.90% and a net margin of 4.35%.

TeliaSonera Price Performance

Shares of TLSNY traded up $0.14 during trading hours on Friday, reaching $10.41. The stock had a trading volume of 3,355 shares, compared to its average volume of 45,573. TeliaSonera has a 12 month low of $6.67 and a 12 month high of $10.79. The stock has a market capitalization of $20.47 billion, a PE ratio of 57.85 and a beta of 0.33. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.87 and a current ratio of 0.92. The company's 50-day moving average is $10.10 and its two-hundred day moving average is $8.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TLSNY shares. UBS Group downgraded TeliaSonera from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 13th. Citigroup raised TeliaSonera from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, TeliaSonera has an average rating of "Buy".

TeliaSonera Company Profile

TeliaSonera OTCMKTS: TLSNY operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.

The roots of TeliaSonera trace back to the 19th century with Sweden's Royal Telegraph Agency and Finland's national carrier, Sonera.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.