VEON (NASDAQ:VEON) Releases Quarterly Earnings Results, Beats Estimates By $0.53 EPS

VEON (NASDAQ:VEON) released its earnings results on Thursday. The Wireless communications provider reported $1.36 EPS for the quarter, beating the consensus estimate of $0.83 by $0.53, 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 Performance

Shares of NASDAQ VEON opened at $54.92 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.81 and a quick ratio of 0.80. The stock’s fifty day moving average price is $43.93 and its two-hundred day moving average price is $41.10. VEON has a one year low of $25.20 and a one year high of $57.40. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 9.58 and a beta of 1.43.

Analysts Set New Price Targets

Separately, Benchmark upped their price objective on VEON from $56.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, March 25th.

About VEON

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.