Hellenic Telecom Organization (HLTOY) to Announce Quarterly Earnings on Wednesday

Hellenic Telecom Organization (OTCMKTS:HLTOYGet Free Report) will likely be releasing its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.2296 per share and revenue of $1.0040 billion for the quarter.

Hellenic Telecom Organization (OTCMKTS:HLTOYGet Free Report) last issued its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $982.60 million. Hellenic Telecom Organization had a net margin of 13.81% and a return on equity of 29.97%.

Hellenic Telecom Organization Stock Performance

Shares of HLTOY stock opened at $11.21 on Wednesday. The firm has a market cap of $9.21 billion, a price-to-earnings ratio of 15.80 and a beta of 0.21. Hellenic Telecom Organization has a 52-week low of $8.65 and a 52-week high of $11.74. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 0.16. The company’s 50 day moving average is $10.99 and its 200 day moving average is $10.38.

Analyst Ratings Changes

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Hellenic Telecom Organization in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Report on Hellenic Telecom Organization

About Hellenic Telecom Organization

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Hellenic Telecommunications Organization SA (OTCMKTS: HLTOY), also known as OTE Group, is the primary provider of telecommunications and digital services in Greece. The company offers a comprehensive suite of solutions that includes fixed-line telephony, mobile communications under the COSMOTE brand, broadband internet access via fiber and ADSL networks, and pay-TV services through its COSMOTE TV platform. In addition, OTE Group delivers enterprise-focused ICT offerings such as cloud computing, data center operations, cybersecurity, managed network services and system integration.

Established in 1949 as Greece’s state telecommunications monopoly, OTE Group began a gradual privatization process in the late 1990s, which culminated in a majority stake acquisition by Deutsche Telekom.

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Earnings History for Hellenic Telecom Organization (OTCMKTS:HLTOY)

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