TeliaSonera (TLSNY) to Release Quarterly Earnings on Thursday

TeliaSonera (OTCMKTS:TLSNY) is projected to post 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 posted its earnings results on Thursday, October 23rd. The technology company reported $0.12 earnings per share (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 firm had revenue of $2.12 billion during the quarter, compared to analyst estimates 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 Up 0.2%

TLSNY opened at $8.65 on Thursday. TeliaSonera has a fifty-two week low of $5.59 and a fifty-two week high of $8.81. The company’s 50-day moving average is $8.20 and its 200 day moving average is $7.73. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.90 and a quick ratio of 0.85.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded TeliaSonera from a “hold” rating to a “buy” rating in a research note on Wednesday, November 5th. UBS Group downgraded TeliaSonera from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Finally, Citigroup raised TeliaSonera from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “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.