Telia Company AB (publ) (OTCMKTS:TLSNY) Posts Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Telia Company AB (publ) (OTCMKTS:TLSNY) released its quarterly earnings data on Thursday. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07), Zacks reports. Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%.

Telia Company AB (publ) Stock Performance

OTCMKTS:TLSNY opened at $5.94 on Friday. Telia Company AB has a twelve month low of $4.53 and a twelve month high of $6.71. The company has a market capitalization of $11.68 billion, a P/E ratio of 116.60 and a beta of 0.48. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.66. The firm has a 50-day moving average price of $5.59 and a two-hundred day moving average price of $5.87.

Telia Company AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be paid a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s payout ratio is 86.37%.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th.

Telia Company AB (publ) Company Profile

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.