Hellenic Telecom Organization (HLTOY) Projected to Announce Earnings on Friday

Hellenic Telecom Organization (OTCMKTS:HLTOY) is projected to post its results before the market opens on Friday, October 30th. Analysts expect Hellenic Telecom Organization to post earnings of $0.2504 per share and revenue of $967.14 million for the quarter.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.02). The business had revenue of $994.90 million during the quarter, compared to analysts’ expectations of $996.34 million. Hellenic Telecom Organization had a net margin of 15.83% and a return on equity of 30.19%.

Hellenic Telecom Organization Stock Performance

OTCMKTS HLTOY opened at $10.52 on Thursday. The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 12.99 and a beta of 0.18. Hellenic Telecom Organization has a twelve month low of $9.30 and a twelve month high of $11.90. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average of $11.14 and a 200 day moving average of $10.69.

Wall Street Analyst Weigh In

Several analysts have commented on HLTOY shares. New Street Research lowered Hellenic Telecom Organization to a “neutral” rating in a report on Wednesday, July 29th. Barclays downgraded Hellenic Telecom Organization to an “underweight” rating in a research note on Tuesday, October 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Hellenic Telecom Organization in a research report on Wednesday, September 16th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Hellenic Telecom Organization presently has an average rating of “Hold”.

About Hellenic Telecom Organization

Hellenic Telecommunications Organization SA (OTE) is a Greece-based telecommunications provider that operates primarily under the COSMOTE brand. The company offers fixed-line and mobile voice services, broadband and fiber-optic internet access, pay television, and related digital communications services to residential and business customers.

OTE also provides information and communications technology services for corporate and public-sector clients, including connectivity, data services, cloud solutions, cybersecurity, and other managed technology services.