TeliaSonera (TLSNY) to Announce Quarterly Earnings on Friday

TeliaSonera (OTCMKTS:TLSNY) is anticipated to release its resultson Friday, July 17th. Analysts expect the company to post earnings of $0.12 per share and revenue of $2.1766 billion for the quarter.

TeliaSonera (OTCMKTS:TLSNY) last released its quarterly earnings data on Friday, April 24th. The technology company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.02). TeliaSonera had a return on equity of 8.67% and a net margin of 5.98%.The company had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.21 billion. On average, analysts expect TeliaSonera to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TeliaSonera Trading Down 0.1%

OTCMKTS TLSNY opened at $9.30 on Friday. TeliaSonera has a 1-year low of $6.67 and a 1-year high of $10.98. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 1.33. The stock has a 50-day moving average of $10.27 and a 200-day moving average of $9.82. The firm has a market cap of $18.28 billion, a PE ratio of 37.20 and a beta of 0.36.

Analyst Ratings Changes

A number of brokerages have commented on TLSNY. Barclays raised TeliaSonera from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 23rd. Berenberg Bank cut shares of TeliaSonera from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. Finally, Citigroup raised shares of TeliaSonera to a “strong-buy” rating in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About TeliaSonera

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.