TeliaSonera (TLSNY) Projected to Post Quarterly Earnings on Thursday

TeliaSonera (OTCMKTS:TLSNY) is expected to be issuing its resultson Thursday, April 23rd. Analysts expect the company to announce earnings of $0.11 per share and revenue of $2.2141 billion for the quarter.

TeliaSonera (OTCMKTS:TLSNY) last posted its quarterly earnings results on Thursday, January 29th. The technology company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.16). TeliaSonera had a return on equity of 8.90% and a net margin of 4.35%.The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.32 billion. On average, analysts expect TeliaSonera to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TeliaSonera Price Performance

TeliaSonera stock opened at $10.23 on Tuesday. The stock has a fifty day moving average of $10.08 and a 200-day moving average of $8.86. The stock has a market capitalization of $20.11 billion, a P/E ratio of 56.84 and a beta of 0.33. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.87 and a current ratio of 0.92. TeliaSonera has a 52 week low of $6.67 and a 52 week high of $10.79.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TLSNY. UBS Group downgraded shares of TeliaSonera from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Citigroup upgraded shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.