Tele2 AB (publ) (OTCMKTS:TLTZY) Announces Earnings Results, Misses Estimates By $0.01 EPS

Tele2 AB (publ) (OTCMKTS:TLTZY) released its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01), Zacks reports. Tele2 AB (publ) had a net margin of 13.05% and a return on equity of 17.57%.

Tele2 AB (publ) Stock Performance

OTCMKTS TLTZY remained flat at $5.26 during trading on Friday. The company has a current ratio of 0.58, a quick ratio of 0.52 and a debt-to-equity ratio of 1.07. The stock has a market cap of $7.19 billion, a PE ratio of 20.23 and a beta of 0.59. The firm’s fifty day simple moving average is $5.01 and its two-hundred day simple moving average is $5.19. Tele2 AB has a 1 year low of $3.82 and a 1 year high of $5.78.

Tele2 AB (publ) Company Profile

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.