VEON (NASDAQ:VEON) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Posted by Lauren Steadman on Mar 21st, 2025

VEON (NASDAQ:VEON – Get Free Report) announced its earnings results on Thursday. The Wireless communications provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06, Zacks reports. VEON had a positive return on equity of 36.48% and a negative net margin of 81.71%. VEON updated its FY 2025 guidance to EPS.

VEON Stock Down 2.0 %

VEON stock opened at $45.03 on Friday. The firm’s fifty day simple moving average is $44.36 and its 200-day simple moving average is $36.96. The company has a market capitalization of $3.33 billion, a P/E ratio of 6.02 and a beta of 1.47. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.81 and a quick ratio of 0.80. VEON has a 12 month low of $22.35 and a 12 month high of $48.39.

Analyst Upgrades and Downgrades

Separately, Benchmark increased their price objective on VEON from $48.00 to $56.00 and gave the company a “buy” rating in a report on Monday, March 3rd.

Read Our Latest Analysis on VEON

VEON Company Profile

(Get Free Report)

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.