Cellnex Telecom (CLNXF) Projected to Post Earnings on Friday

Cellnex Telecom (OTCMKTS:CLNXFGet Free Report) is anticipated to announce its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.2525 per share and revenue of $1.0612 billion for the quarter.

Cellnex Telecom Stock Down 2.1%

Shares of CLNXF traded down $0.75 during midday trading on Friday, reaching $35.61. 808 shares of the stock were exchanged, compared to its average volume of 1,944. Cellnex Telecom has a 12-month low of $28.67 and a 12-month high of $40.61. The firm has a 50 day simple moving average of $31.95 and a 200-day simple moving average of $32.95.

About Cellnex Telecom

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Cellnex Telecom is a leading independent operator of wireless telecommunications infrastructure in Europe. Headquartered in Madrid, the company specializes in the development, management and leasing of passive and active network assets for mobile network operators, broadcasters, public safety agencies and enterprise clients. Its core offerings include traditional tower sites, rooftop installations and in-building distributed antenna systems (DAS), alongside newer solutions such as small cells, fiber connectivity and edge computing nodes.

Founded in 2015 as a spin-off from Abertis Infraestructuras, Cellnex has grown rapidly through a combination of organic roll-outs and strategic acquisitions.

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