Telia Company AB (publ) (OTCMKTS:TLSNY) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Telia Company AB (publ) (OTCMKTS:TLSNY) released its quarterly earnings data on Thursday. The technology company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.07), Zacks reports. Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%.

Telia Company AB (publ) Stock Performance

Shares of OTCMKTS:TLSNY traded up $0.02 during midday trading on Thursday, reaching $5.83. The company’s stock had a trading volume of 21,014 shares, compared to its average volume of 59,181. Telia Company AB has a twelve month low of $4.53 and a twelve month high of $6.71. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $11.46 billion, a PE ratio of 26.50 and a beta of 0.48. The stock has a fifty day moving average of $5.58 and a 200 day moving average of $5.87.

Telia Company AB (publ) Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be issued a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is presently 86.37%.

Analyst Upgrades and Downgrades

Separately, Barclays lowered shares of Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th.

Telia Company AB (publ) 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.