Earnings Alerts

Tele2 AB (TEL2B) Earnings: 3Q Ebitda Aligns with Estimates, Net Sales Slightly Below Predictions

By October 22, 2024 No Comments
  • Tele2’s third-quarter EBITDA reached SEK 3.13 billion, closely meeting the estimate of SEK 3.16 billion.
  • Adjusted EBITDA after leases was SEK 2.82 billion, slightly below the estimate of SEK 2.84 billion.
  • The company’s adjusted EBITDA stood at SEK 3.20 billion, compared to an estimated SEK 3.22 billion.
  • Net sales for Tele2 in the third quarter amounted to SEK 7.39 billion, just under the estimated SEK 7.4 billion.
  • Analyst recommendations include 8 buys, 16 holds, and 3 sells for Tele2.

A look at Tele2 AB Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Tele2 AB, a telecommunications company with operations across Europe and EuroAsia, is positioned favorably for long-term growth based on the Smartkarma Smart Scores analysis. With a strong focus on providing dividends to its investors, Tele2 AB receives a top score of 5 in the Dividend category, indicating its commitment to rewarding shareholders. Furthermore, the company shows promising momentum with a score of 4, indicating positive market sentiment and potential for future growth.

While Tele2 AB scores moderately in the Value and Growth categories with scores of 3, it demonstrates resilience with a score of 2. This suggests that the company has room for improvement in terms of value and growth, but is equipped to weather challenges effectively. Overall, the Smartkarma Smart Scores highlight Tele2 AB as a company with solid dividend policies, growth potential, and positive market momentum, positioning it well for long-term success in the telecommunications industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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