VEON (VEON) Projected to Post Earnings on Thursday

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

VEON (NASDAQ:VEON) last posted its 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 Trading Up 6.4 %

NASDAQ VEON opened at $44.75 on Tuesday. The stock has a market cap of $3.31 billion, a P/E ratio of 5.98 and a beta of 1.47. The company’s fifty day simple moving average is $44.31 and its 200-day simple moving average is $36.70. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 2.34. VEON has a 52 week low of $22.17 and a 52 week high of $48.39.

Analysts Set New Price Targets

Separately, Benchmark boosted their target price on shares of VEON from $48.00 to $56.00 and gave the company a “buy” rating in a research note 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.