
iQSTEL Inc. (NASDAQ:IQST – Free Report) – Investment analysts at Litchfield Hills Research dropped their Q4 2027 earnings per share estimates for iQSTEL in a report released on Tuesday, August 25th. Litchfield Hills Research analyst B. Sine now expects that the company will post earnings of $0.02 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for iQSTEL’s current full-year earnings is ($0.69) per share.
iQSTEL (NASDAQ:IQST – Get Free Report) last released its earnings results on Tuesday, August 18th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.15). iQSTEL had a negative return on equity of 45.19% and a negative net margin of 2.43%.The firm had revenue of $109.07 million during the quarter.
Check Out Our Latest Stock Report on iQSTEL
iQSTEL Stock Performance
IQST opened at $0.94 on Wednesday. The stock’s fifty day moving average is $1.12 and its 200-day moving average is $1.45. The company has a market capitalization of $6.37 million and a PE ratio of -0.42. iQSTEL has a one year low of $0.87 and a one year high of $7.23.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in IQST. DRW Securities LLC lifted its position in shares of iQSTEL by 74.2% in the 4th quarter. DRW Securities LLC now owns 32,001 shares of the company’s stock valued at $93,000 after acquiring an additional 13,628 shares in the last quarter. Geode Capital Management LLC purchased a new stake in iQSTEL in the 2nd quarter worth about $288,000. Finally, Cetera Investment Advisers acquired a new stake in iQSTEL during the 2nd quarter worth about $148,000.
About iQSTEL
iQSTEL, Inc (NASDAQ: IQST) is a U.S.-based telecommunications company that operates a global connectivity platform for voice, data and messaging services. The company leverages cloud-native infrastructure to deliver international roaming solutions, prepaid mobile top-up services and eSIM provisioning. Its technology enables seamless wireless communications for both individual subscribers and business clients across a broad network of partner carriers.
The company’s core offerings include instant airtime reloads, cross-border mobile voice and data plans, machine-to-machine (M2M) connectivity and Internet of Things (IoT) solutions.
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