Hellenic Telecom Organization (HLTOY) Projected to Post Earnings on Friday

Hellenic Telecom Organization (OTCMKTS:HLTOY) is projected to post its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.2504 per share and revenue of $967.14 million for the quarter.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). The company had revenue of $994.90 million during the quarter, compared to analyst estimates of $996.34 million.

Hellenic Telecom Organization Trading Down 0.8%

Hellenic Telecom Organization stock opened at $10.61 on Wednesday. The stock has a 50-day moving average price of $11.16 and a 200 day moving average price of $10.69. Hellenic Telecom Organization has a 52 week low of $9.30 and a 52 week high of $11.90.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HLTOY. New Street Research lowered shares of Hellenic Telecom Organization to a “neutral” rating in a report on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Hellenic Telecom Organization in a research note on Wednesday, September 16th. Finally, Barclays downgraded shares of Hellenic Telecom Organization to an “underweight” rating in a report on Tuesday, October 20th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Hellenic Telecom Organization has a consensus rating of “Hold”.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA (OTE) is a Greece-based telecommunications provider that operates primarily under the COSMOTE brand. The company offers fixed-line and mobile voice services, broadband and fiber-optic internet access, pay television, and related digital communications services to residential and business customers.

OTE also provides information and communications technology services for corporate and public-sector clients, including connectivity, data services, cloud solutions, cybersecurity, and other managed technology services.