FY2019 Earnings Estimate for TELE2 AB/ADR Issued By Jefferies Financial Group (TLTZY)

TELE2 AB/ADR (OTCMKTS:TLTZY) – Investment analysts at Jefferies Financial Group reduced their FY2019 earnings per share estimates for shares of TELE2 AB/ADR in a research note issued on Tuesday, October 16th. Jefferies Financial Group analyst U. Rathe now anticipates that the company will post earnings per share of $0.37 for the year, down from their previous estimate of $0.38. Jefferies Financial Group also issued estimates for TELE2 AB/ADR’s FY2020 earnings at $0.38 EPS.

Separately, Zacks Investment Research cut shares of TELE2 AB/ADR from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th.

TELE2 AB/ADR stock opened at $6.14 on Thursday. The firm has a market cap of $6.17 billion, a PE ratio of 21.17 and a beta of 1.26. TELE2 AB/ADR has a 12-month low of $5.59 and a 12-month high of $6.41.

TELE2 AB/ADR Company Profile

Tele2 AB (publ), a telecom operator, provides telecommunication services for residential and business customers. The company offers mobile voice telephony, handset data, messaging, and value-added services, such as handset insurance, antivirus, and content services; mobile broadband services; and fixed voice and broadband, TV, and fixed and mobile telephony services.

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