VEON (VEON) Projected to Post Earnings on Thursday

VEON (NASDAQ:VEON) is anticipated to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $1.01 billion for the quarter.

VEON (NASDAQ:VEON) last issued its quarterly earnings results on Friday, December 13th. The Wireless communications provider reported $3.00 EPS for the quarter. VEON had a negative net margin of 81.71% and a positive return on equity of 36.48%.

VEON Price Performance

VEON stock opened at $40.51 on Thursday. The stock has a market cap of $3.00 billion, a P/E ratio of 5.42 and a beta of 1.47. The company has a fifty day simple moving average of $44.43 and a 200-day simple moving average of $36.31. VEON has a 12-month low of $22.17 and a 12-month high of $48.39. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 2.34.

Analyst Upgrades and Downgrades

Separately, Benchmark lifted their price objective on shares of VEON from $48.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd.

About VEON

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.