TeliaSonera (TLSNY) Projected to Post Quarterly Earnings on Thursday

TeliaSonera (OTCMKTS:TLSNY) will likely be issuing its results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

TeliaSonera (OTCMKTS:TLSNY) last announced its quarterly earnings data on Friday, July 18th. The technology company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. TeliaSonera had a net margin of 5.19% and a return on equity of 10.33%. The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $20.05 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 TeliaSonera stock opened at $7.60 on Tuesday. The company has a fifty day moving average of $7.51 and a 200-day moving average of $7.37. TeliaSonera has a 52-week low of $5.33 and a 52-week high of $8.10. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 1.55.

Wall Street Analysts Forecast Growth

TLSNY has been the subject of a number of recent analyst reports. Kepler Capital Markets upgraded shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. Citigroup upgraded shares of TeliaSonera to a “hold” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, TeliaSonera currently has an average rating of “Hold”.

TeliaSonera Company Profile

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.