Mobile TeleSystems Public Joint Stock (NYSE: MBT) Expected to Report Earnings of $ 0.29 per Share


Brokerages predict that Mobile TeleSystems Public Joint Stock (NYSE: MBT) will report earnings of $ 0.29 per share for the current quarter, according to Zack. Zero analysts have released earnings estimates for Mobile TeleSystems Public Joint Stock. Mobile TeleSystems Public Joint Stock also reported earnings of $ 0.29 per share in the same quarter last year. The company is expected to release its next results on Tuesday, November 16.

According to Zacks, analysts expect Mobile TeleSystems Public Joint Stock to report annual profit of $ 0.79 per share for the current fiscal year, with EPS estimates ranging from $ 0.59 to $ 0.99 . For next year, analysts expect the company to post earnings of $ 0.82 per share, with EPS estimates ranging from $ 0.58 to $ 1.11. Zacks’ EPS calculations are an average based on a survey of analysts who cover the public stocks of Mobile TeleSystems.

Mobile TeleSystems Public Joint Stock (NYSE: MBT) last released its quarterly results on Thursday, August 19. The wireless communications provider reported earnings of $ 0.27 per share for the quarter. The company posted revenue of $ 1.73 billion for the quarter. Mobile TeleSystems Public Joint Stock had a net margin of 12.70% and a return on equity of 213.52%.

Separately, Zacks investment research raised shares of Mobile TeleSystems Public Joint Stock from a ‘keep’ rating to a ‘buy’ rating and set a price target of $ 10.00 on the stock in a research report on Saturday 6 November.

MBT shares opened at $ 9.13 on Tuesday. The company has a market cap of $ 9.12 billion, a price / earnings ratio of 9.04, a P / E / G ratio of 1.47 and a beta of 1.01. The company has a debt ratio of 63.32, a rapid ratio of 0.56 and a current ratio of 0.60. Mobile TeleSystems Public Joint Stock has a 52 week low of $ 8.09 and a 52 week high of $ 10.07. The company’s 50-day simple moving average is $ 9.46 and its two-hundred-day simple moving average is $ 9.14.

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The company also recently announced a dividend, which was paid on Tuesday, October 12. Investors of record on Tuesday, October 12, received a dividend of $ 0.237 per share. The ex-dividend date of this dividend was Friday October 8. This is a positive change from the previous dividend of $ 0.19 from the joint public share of Mobile TeleSystems. Mobile TeleSystems Public Joint Stock’s dividend payout ratio is 99.01%.

Institutional investors recently bought and sold shares. The New York State Pension Mutual Fund increased its holdings in public shares of Mobile TeleSystems by 6.3% in the second quarter. The New York State Pooled Retirement Fund now owns 240,501 shares of the wireless communications provider valued at $ 2,227,000 after acquiring an additional 14,201 shares during the period. Virtus ETF Advisers LLC increased its stake in the shares of Mobile TeleSystems Public Joint Stock by 14.2% in the 2nd quarter. Virtus ETF Advisers LLC now owns 177,505 shares of the wireless communications provider valued at $ 1,644,000 after purchasing an additional 22,097 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Mobile TeleSystems Public Joint Stock shares by 18.7% in the second quarter. Russell Investments Group Ltd. now owns 351,445 shares of the wireless communications provider valued at $ 3,253,000 after purchasing an additional 55,400 shares in the last quarter. American Century Companies Inc. increased its equity stake in Mobile TeleSystems Public Joint Stock by 5.4% in the second quarter. American Century Companies Inc. now owns 59,867 shares of the wireless communications provider valued at $ 554,000 after purchasing an additional 3,076 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in Mobile TeleSystems Public Joint Stock shares by 4.2% in the second quarter. Van ECK Associates Corp now owns 5,182,098 shares of the wireless communications provider valued at $ 47,986,000 after purchasing an additional 210,932 shares in the last quarter. 21.21% of the shares are currently held by institutional investors and hedge funds.

About Mobile TeleSystems Public Joint Stock

Mobile TeleSystems PJSC provides mobile, fixed and digital services. It offers wireless Internet access and fixed voice, broadband and pay TV. The company operates through the following segments: Russia Convergent, Moscow Fixed Line, Ukraine, MTS Bank and others. The Russia Convergent segment represents the results of mobile and fixed telephony operations, which encompass services provided to customers in all regions of Russia, including voice and data services, transmission, broadband, pay TV and various services. value-added and retail operations.

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