Deutsche Telekom (DTEGY) Expected to Announce Quarterly Earnings on Thursday

Deutsche Telekom (OTCMKTS:DTEGY) will likely be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.4947 per share and revenue of $37.1189 billion for the quarter.

Deutsche Telekom Stock Up 0.6%

Shares of DTEGY stock traded up $0.23 on Wednesday, hitting $39.57. The company’s stock had a trading volume of 402,354 shares, compared to its average volume of 427,878. Deutsche Telekom has a fifty-two week low of $30.31 and a fifty-two week high of $39.81. The firm’s fifty day moving average price is $34.01 and its 200-day moving average price is $33.83. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.00 and a quick ratio of 0.93. The stock has a market capitalization of $194.10 billion, a price-to-earnings ratio of 14.66, a P/E/G ratio of 1.43 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Separately, Erste Group Bank raised Deutsche Telekom from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Deutsche Telekom Company Profile

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.