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

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

Tele2 AB (publ) Trading Up 0.4 %

Shares of TLTZY traded up $0.02 during mid-day trading on Wednesday, hitting $5.26. The company had a trading volume of 173 shares, compared to its average volume of 367. The business's 50-day simple moving average is $5.00 and its 200-day simple moving average is $5.19. 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 1-year low of $3.82 and a 1-year high of $5.78. The stock has a market cap of $7.19 billion, a PE ratio of 20.23 and a beta of 0.59.

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.