Deutsche Telekom (OTCMKTS:DTEGY) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Deutsche Telekom (OTCMKTS:DTEGYGet Free Report) announced its quarterly earnings data on Thursday. The utilities provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02, Zacks reports. Deutsche Telekom had a net margin of 10.15% and a return on equity of 10.54%.

Deutsche Telekom Stock Performance

DTEGY stock traded down $0.75 during midday trading on Thursday, hitting $38.82. 351,443 shares of the company traded hands, compared to its average volume of 422,721. Deutsche Telekom has a twelve month low of $30.31 and a twelve month high of $39.81. The stock has a market capitalization of $190.44 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 1.44 and a beta of 0.43. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 1.04. The business has a 50 day simple moving average of $34.17 and a 200-day simple moving average of $33.87.

Wall Street Analysts Forecast Growth

Separately, Erste Group Bank raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

View Our Latest Report on Deutsche Telekom

Deutsche Telekom Company Profile

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Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.

Further Reading

Earnings History for Deutsche Telekom (OTCMKTS:DTEGY)

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