ATN International (ATNI) Set to Announce Quarterly Earnings on Tuesday

ATN International (NASDAQ:ATNI) is scheduled to be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect ATN International to post earnings of ($0.16) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

ATN International (NASDAQ:ATNI) last released its quarterly earnings results on Wednesday, July 24th. The technology company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.76. The company had revenue of $183.28 million for the quarter, compared to analysts’ expectations of $182.39 million. ATN International had a positive return on equity of 0.12% and a negative net margin of 0.89%. During the same quarter in the previous year, the company posted ($0.03) earnings per share. On average, analysts expect ATN International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ATN International Stock Performance

ATNI opened at $31.04 on Friday. The business’s 50 day moving average is $29.83 and its 200-day moving average is $26.02. The stock has a market cap of $475.44 million, a PE ratio of -23.88, a price-to-earnings-growth ratio of 35.86 and a beta of 0.57. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 0.83. ATN International has a twelve month low of $18.20 and a twelve month high of $39.88.

ATN International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 30th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.09%. ATN International’s dividend payout ratio (DPR) is presently -73.85%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ATNI. StockNews.com raised ATN International from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. BWS Financial reiterated a “buy” rating and set a $30.00 price objective on shares of ATN International in a research note on Friday, July 26th.

About ATN International

ATN International, Inc, through its subsidiaries, engages in the provision of digital infrastructure and communications services to residential, business, and government customers in the United States and internationally. The company operates through International Telecom and US Telecom segments. The company offers mobile, data, voice, broadband, and fixed services; handsets and accessories; and wholesale roaming, long distance voice services, and site maintenance services.