Swisscom (OTCMKTS:SCMWY – Get Free Report) is expected to announce its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.85 per share and revenue of $4.41 billion for the quarter.
Swisscom (OTCMKTS:SCMWY – Get Free Report) last announced its earnings results on Thursday, August 6th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.08. The business had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.44 billion. Swisscom had a net margin of 8.86% and a return on equity of 11.31%. On average, analysts expect Swisscom to post $3.15 EPS for the current fiscal year and $3.69 EPS for the next fiscal year.
Swisscom Stock Up 0.9%
SCMWY stock opened at $85.85 on Tuesday. Swisscom has a 52 week low of $68.01 and a 52 week high of $94.63. The company has a quick ratio of 0.77, a current ratio of 0.62 and a debt-to-equity ratio of 0.97. The firm has a 50-day simple moving average of $79.44 and a 200-day simple moving average of $82.29. The stock has a market capitalization of $444.72 billion, a P/E ratio of 25.86, a P/E/G ratio of 2.04 and a beta of 0.28.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on SCMWY shares. Barclays reissued an “underweight” rating on shares of Swisscom in a research note on Tuesday, August 18th. Citigroup restated a “neutral” rating on shares of Swisscom in a research report on Monday, July 6th. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.
Check Out Our Latest Report on Swisscom
About Swisscom
Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, digital television, and related connectivity services to consumers and businesses. The company also offers information technology, cloud computing, cybersecurity, networking, and digital workplace solutions for corporate and public-sector customers.
Swisscom serves customers primarily in Switzerland and has an international presence through Fastweb, its Italian subsidiary.
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