Tele2 AB (publ) (OTCMKTS:TLTZY) Issues Earnings Results, Misses Expectations By $0.01 EPS

Tele2 AB (publ) (OTCMKTS:TLTZY) issued its earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01), Zacks reports. Tele2 AB (publ) had a return on equity of 17.50% and a net margin of 13.05%. The business had revenue of $670.12 million for the quarter, compared to the consensus estimate of $7.33 billion.

Tele2 AB (publ) Stock Down 2.0 %

Tele2 AB (publ) stock opened at $7.27 on Friday. The business has a fifty day moving average price of $6.30 and a 200-day moving average price of $5.56. The stock has a market capitalization of $9.95 billion, a price-to-earnings ratio of 27.96 and a beta of 0.49. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.54 and a quick ratio of 0.47. Tele2 AB has a 1-year low of $4.54 and a 1-year high of $7.42.

About Tele2 AB (publ)

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.