Turkcell Iletisim Hizmetleri AS (NYSE:TKC) Issues Quarterly Earnings Results

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) announced its quarterly earnings results on Monday. The Wireless communications provider reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Turkcell Iletisim Hizmetleri AS had a return on equity of 6.52% and a net margin of 7.13%. The company had revenue of $1.67 billion during the quarter.

Here are the key takeaways from Turkcell Iletisim Hizmetleri AS’s conference call:

• Q3 revenue rose 6.2% in real terms to TRY 82 billion, EBITDA margin widened to 44.2%, and net income reached TRY 6.7 billion. Management said the results support its confidence in meeting full-year guidance.
• Subscriber and pricing trends were strong: Turkcell added 579,000 mobile subscribers, including 701,000 postpaid additions, while mobile churn fell to 1.6%. Fiber ARPU rose 34% year on year, and Superbox added 101,000 subscribers.
• Growth businesses contributed to diversification, with Digital Business Services revenue up 65% to TRY 10.5 billion and Paycell revenue up 23% to TRY 2.9 billion. Paycell’s active user base reached 7.1 million, and system-integration backlog totaled TRY 21.6 billion.
• Data center and cloud growth is facing delays as memory and server supply constraints, geopolitical uncertainty, and softer customer IT spending defer demand; management expects a more gradual growth trajectory this year. The quarter also included net FX losses, while net short FX exposure stood at about $1.3 billion.
• Turkcell ended the quarter with TRY 99 billion in cash and net debt to EBITDA of 0.31x, but upcoming investments include a $400 million headquarters purchase and an additional 11% stake in TOGG. Management expects leverage to remain below 1x after these outlays.

Turkcell Iletisim Hizmetleri AS Stock Performance

Shares of NYSE:TKC opened at $4.75 on Tuesday. The business has a 50-day moving average of $4.98 and a two-hundred day moving average of $5.82. Turkcell Iletisim Hizmetleri AS has a 12 month low of $4.46 and a 12 month high of $7.18. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.49 and a quick ratio of 1.48. The firm has a market capitalization of $4.18 billion, a PE ratio of 9.65 and a beta of 0.99.

Turkcell Iletisim Hizmetleri AS Announces Dividend

The business also recently announced an annual dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 10th will be given a $0.2168 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a dividend yield of 425.0%. Turkcell Iletisim Hizmetleri AS’s dividend payout ratio (DPR) is currently 14.29%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Turkcell Iletisim Hizmetleri AS from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, November 2nd. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold”.

Turkcell Iletisim Hizmetleri AS News Roundup

Here are the key news stories impacting Turkcell Iletisim Hizmetleri AS this week:

• Neutral Sentiment: Turkcell reported quarterly EPS of $0.16 and revenue of $1.67 billion, with a 7.13% net margin and 6.52% return on equity. The company also published its nine-month financial report and operating review. Turkcell Q3 2026 earnings
• Neutral Sentiment: Turkcell’s subsidiary Superonline may issue up to TRY 8 billion in sukuk. The proposed financing could support funding needs, but its effect on TKC depends on the terms and use of proceeds. Superonline sukuk announcement
• Neutral Sentiment: TKC trading was temporarily halted while news was pending; the supplied information does not identify the news or indicate its likely impact.
• Negative Sentiment: The provided price snapshot shows TKC below its 50-day and 200-day moving averages and relatively close to its 52-week low, suggesting a weak technical backdrop. TKC price information

About Turkcell Iletisim Hizmetleri AS

Turkcell ?leti?im Hizmetleri A.?. is a telecommunications and technology company headquartered in Istanbul, Türkiye. Founded in 1994, it provides mobile voice and data services, along with fixed broadband and television offerings.

The company also develops digital services and technology solutions for consumers and businesses, including communications, payments, cloud, and data-center services. Its core market is Türkiye, and it serves customers in the Turkish Republic of Northern Cyprus through a local operation.

Turkcell’s chief executive officer is Ali Taha Koç, who took the role in 2023.