TeliaSonera (TLSNY) Expected to Announce Quarterly Earnings on Thursday

TeliaSonera (OTCMKTS:TLSNY) is expected to be releasing its results before the market opens on Thursday, January 29th. Analysts expect TeliaSonera to post earnings of $0.08 per share for the quarter.

TeliaSonera (OTCMKTS:TLSNY) last released its quarterly earnings data on Thursday, October 23rd. The technology company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. TeliaSonera had a net margin of 5.48% and a return on equity of 10.49%. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.10 billion. On average, analysts expect TeliaSonera to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TeliaSonera Stock Performance

Shares of TLSNY stock opened at $8.65 on Thursday. The company’s fifty day simple moving average is $8.20 and its two-hundred day simple moving average is $7.73. TeliaSonera has a 1 year low of $5.59 and a 1 year high of $8.81. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.90 and a quick ratio of 0.85.

Analysts Set New Price Targets

TLSNY has been the topic of a number of recent research reports. Wall Street Zen raised TeliaSonera from a “hold” rating to a “buy” rating in a report on Wednesday, November 5th. UBS Group downgraded shares of TeliaSonera from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, Citigroup raised shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus 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.