TeliaSonera (TLSNY) Expected to Announce Quarterly Earnings on Thursday

Key Points

• TeliaSonera is expected to report quarterly results on Thursday, April 23, with analysts forecasting EPS of $0.11 and revenue of $2.2141 billion.
• In the prior quarter the company missed EPS estimates (reported -$0.07 vs. $0.09 expected) while beating revenue, and analysts now project $0 EPS for both the current and next fiscal year.
• The stock trades near $10.28 with a market cap of about $20.2 billion and a P/E of 57.1, and analyst coverage is split (two Strong Buy, two Hold) resulting in an average rating of Buy.

TeliaSonera (OTCMKTS:TLSNY - Get Free Report) is projected to announce its resultson Thursday, April 23rd. Analysts expect the company to announce earnings of $0.11 per share and revenue of $2.2141 billion for the quarter.

TeliaSonera (OTCMKTS:TLSNY - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.16). The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.32 billion. TeliaSonera had a return on equity of 8.90% and a net margin of 4.35%. On average, analysts expect TeliaSonera to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TeliaSonera Price Performance

TLSNY stock opened at $10.28 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. The firm has a market cap of $20.21 billion, a price-to-earnings ratio of 57.11 and a beta of 0.33. The company's fifty day simple moving average is $10.05 and its 200 day simple moving average is $8.80. TeliaSonera has a 12-month low of $6.67 and a 12-month high of $10.79.

Analyst Ratings Changes

Several equities research analysts recently commented on TLSNY shares. UBS Group lowered TeliaSonera from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 13th. Citigroup upgraded 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 stock. Based on data from MarketBeat, TeliaSonera currently 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.

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