Deutsche Telekom (OTCMKTS:DTEGY) Releases Earnings Results
Deutsche Telekom reported quarterly earnings of $0.64 per share, surpassing the consensus estimate of $0.58. The company achieved a net margin of 10.67% and a return on equity of 10.14%. Revenue for the quarter was $33.55 billion, slightly below the expected $33.65 billion. The stock rose 0.2% to $31.72. Analysts have mixed ratings, with a consensus of 'Buy'. Deutsche Telekom operates in various segments, including Germany, the US, and Europe, offering telecommunication services.
Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) issued its quarterly earnings results on Thursday. The utilities provider reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.06, reports. The business had revenue of $33.55 billion during the quarter, compared to analyst estimates of $33.65 billion. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%.
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Deutsche Telekom Trading Up 0.2%
Shares of DTEGY stock traded up $0.06 on Friday, hitting $31.72. The stock had a trading volume of 339,490 shares, compared to its average volume of 662,268. The company has a current ratio of 1.12, a quick ratio of 1.06 and a debt-to-equity ratio of 1.05. Deutsche Telekom has a twelve month low of $29.30 and a twelve month high of $39.04. The company has a fifty day moving average price of $33.56 and a two-hundred day moving average price of $35.47. The firm has a market cap of $155.59 billion, a P/E ratio of 11.41, a PEG ratio of 1.50 and a beta of 0.54.
Analyst Upgrades and Downgrades
DTEGY has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Zacks Research cut shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy".
Check Out Our Latest Research Report on DTEGY
Deutsche Telekom Company Profile
(Get Free Report)Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.
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