Tele2 AB (publ) (OTCMKTS:TLTZY) Posts Earnings Results, Misses Expectations By $0.01 EPS

Tele2 AB (publ) (OTCMKTS:TLTZY) issued its quarterly earnings results on Wednesday. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01), Zacks reports. Tele2 AB (publ) had a return on equity of 17.26% and a net margin of 12.97%.

Tele2 AB (publ) Price Performance

Tele2 AB (publ) stock opened at $5.26 on Wednesday. The company has a fifty day simple moving average of $4.99 and a 200-day simple moving average of $5.19. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 19.54 and a beta of 0.59. The company has a quick ratio of 0.52, a current ratio of 0.58 and a debt-to-equity ratio of 1.07. Tele2 AB has a 52-week low of $3.82 and a 52-week high of $5.78.

About Tele2 AB (publ)

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.