Tele2 (TLTZY) to Release Earnings on Wednesday

Tele2 (OTCMKTS:TLTZYGet Free Report) is projected to post its resultson Wednesday, April 22nd. Analysts expect Tele2 to post earnings of $0.10 per share and revenue of $775.4640 million for the quarter.

Tele2 (OTCMKTS:TLTZYGet Free Report) last announced its earnings results on Wednesday, January 28th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The company had revenue of $854.77 million for the quarter, compared to analysts’ expectations of $866.14 million. Tele2 had a net margin of 15.40% and a return on equity of 21.68%. On average, analysts expect Tele2 to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Tele2 Price Performance

Shares of TLTZY opened at $10.62 on Wednesday. The firm has a market cap of $14.56 billion, a PE ratio of 31.24 and a beta of 0.44. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $10.50 and a two-hundred day simple moving average of $9.01. Tele2 has a 1-year low of $6.63 and a 1-year high of $11.61.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. New Street Research upgraded shares of Tele2 to a “buy” rating in a research note on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

View Our Latest Research Report on TLTZY

About Tele2

(Get Free Report)

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.

See Also

Earnings History for Tele2 (OTCMKTS:TLTZY)

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