Shares of Swisscom AG (OTCMKTS:SCMWY – Get Free Report) have earned a consensus recommendation of “Reduce” from the eight analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company.
Several brokerages have recently commented on SCMWY. Citigroup restated a “neutral” rating on shares of Swisscom in a report on Monday, July 6th. Barclays restated an “underweight” rating on shares of Swisscom in a report on Tuesday, August 18th.
View Our Latest Research Report on SCMWY
Swisscom Price Performance
Swisscom (OTCMKTS:SCMWY – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08. The company had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.44 billion. Swisscom had a return on equity of 11.31% and a net margin of 8.86%. Analysts predict that Swisscom will post 3.02 earnings per share for the current year.
Swisscom Company Profile
Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, television, and related digital services to residential and business customers. Its offerings also include cloud computing, cybersecurity, IT infrastructure, data-center services, and communications solutions for enterprises and public-sector organizations.
Swisscom serves customers primarily in Switzerland and, through its Fastweb subsidiary, in Italy.
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