Tele2 (OTCMKTS:TLTZY) Shares Gap Down on Disappointing Earnings

Posted by on Oct 21st, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report)’s stock price gapped down prior to trading on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $8.07, but opened at $7.7570. Tele2 shares last traded at $7.97, with a volume of 1,338 shares trading hands.

The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). Tele2 had a net margin of 33.96% and a return on equity of 43.42%. The firm had revenue of $788.19 million during the quarter, compared to the consensus estimate of $716.73 million.

Analyst Ratings Changes

TLTZY has been the subject of a number of research analyst reports. Sanford C. Bernstein lowered shares of Tele2 to a “market perform” rating in a research note on Thursday, September 24th. BNP Paribas Exane lowered Tele2 from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 9th. Zacks Research cut Tele2 from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Kepler Capital Markets raised Tele2 from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on TLTZY

Tele2 Stock Performance

The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.94. The stock’s fifty day moving average is $8.45 and its two-hundred day moving average is $9.05. The firm has a market capitalization of $10.97 billion, a price-to-earnings ratio of 10.22 and a beta of 0.38.

About Tele2

(Get Free Report)

Tele2 AB is a Swedish telecommunications company headquartered in Stockholm. The company provides mobile and fixed-line communications services, broadband, digital television and related connectivity solutions to consumers, businesses and public-sector customers.

Tele2’s offerings include mobile voice and data plans, high-speed broadband, fixed and mobile networks, television services, and business communications solutions. It also provides Internet of Things connectivity and related services for organizations seeking to connect and manage devices and equipment.

Tele2 primarily serves customers in Sweden and the Baltic countries of Estonia, Latvia and Lithuania.

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