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

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

Deutsche Telekom Price Performance

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

Analyst Ratings Changes

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

About Deutsche Telekom

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.